Metro Area Tournament Committee
Analysis
Metro Area Tournament Committee is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in August 2001, 25 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 July 2023, Metro Area Tournament Committee reported income of $538k and spending of $540k, spending 101% of its income. Across the 4 years on record, from August 2019 to July 2023, income grew from $284k to $538k (+89%), an average of +24% a year. The sharpest change came in the year to July 2023, when income rose by 214%. Over the whole period it spent 97% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Metro Area Tournament Committee sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within ND. Charities of a similar size with the same main cause include Center Grove Aquatic Club Inc ($538k), Connecticut Boat Club ($538k) and Wisconsin Rapids Youth Baseball Association Inc ($537k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $24k (4.4% of expenses). At year end it held assets of $189k against liabilities of $971, net assets of $188k.
Income and spending
Where the income comes from
- Contributions & grants 8.4%
- Program services 92%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center Grove Aquatic Club Inc | Greenwood | $538k |
| Connecticut Boat Club | Norwalk | $538k |
| Wisconsin Rapids Youth Baseball Association Inc | Wisc Rapids | $537k |
| Little League Baseball Inc | Manalapan | $538k |