Benson Civic Center Board

Analysis

Benson Civic Center Board is a registered charity in United States, based in Benson, MN. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benson Civic Center Board reported income of $155k and spending of $166k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $252k to $155k (-39%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Benson Civic Center Board sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Thurston County Youth Soccer Association ($155k), Supporters of Sanger Youth Soccer Inc ($155k) and Friends Of@springfield Parks Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.