Minnesota Blades Inc

Analysis

Minnesota Blades Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 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, Minnesota Blades Inc reported income of $748k and spending of $746k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $618k to $748k (+21%), an average of +4.9% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minnesota Blades Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Santa Barbara Volleyball Club ($748k), Sartell Youth Hockey ($748k) and 4 Eagle Foundation ($747k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k. It reported 1 employees.