Mounted Eagles Inc

Analysis

Mounted Eagles Inc is a registered charity in United States, based in Nisswa, MN. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mounted Eagles Inc reported income of $113k and spending of $108k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $113k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mounted Eagles Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Northwest Girls Basketball Alliance ($113k), Hawaii Federation of USA Wrestling ($113k) and Glacier Peak Lacrosse Club ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.