North Dakota Special Olympics Inc

Analysis

North Dakota Special Olympics Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in December 1981, 45 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, North Dakota Special Olympics Inc reported income of $1.8m and spending of $1.5m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $998k to $1.8m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Dakota Special Olympics Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ND. Charities of a similar size with the same main cause include Az Soccer Association ($1.8m), Brackenridge Park Conservancy ($1.8m) and Soccer Club Del Sol Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $133k (9.1% of expenses). Other salaries and wages came to $410k. At year end it held assets of $2.5m against liabilities of $37k, net assets of $2.5m. It reported 17 employees.