Longville Lakes Area Snowmobile Club Inc

Analysis

Longville Lakes Area Snowmobile Club Inc is a registered charity in United States, based in Longville, MN. It received its IRS tax-exemption ruling in January 2002, 24 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 June 2024, Longville Lakes Area Snowmobile Club Inc reported income of $149k and spending of $62k, leaving 58% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $191k to $149k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 43% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Longville Lakes Area Snowmobile Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Tate Quarterback Club Inc ($149k), All Yonkers Youth Athletics Inc ($149k) and Idaho Youth Sports Commission Inc ($149k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $573k against liabilities of $0, net assets of $573k.