Lonsdale Sno-Wizards Inc

Analysis

Lonsdale Sno-Wizards Inc is a registered charity in United States, based in Lonsdale, MN. It received its IRS tax-exemption ruling in December 2016, 10 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, Lonsdale Sno-Wizards Inc reported income of $158k and spending of $85k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $158k (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lonsdale Sno-Wizards Inc 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 Vessel Skatepark Inc ($158k), Little League Baseball Inc ($158k) and Clark Travel Basketball Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 3.5% of the total. At year end it held assets of $260k against liabilities of $1,810, net assets of $258k.