Rum River Sno-Riders Inc

Analysis

Rum River Sno-Riders Inc is a registered charity in United States, based in Milaca, MN. It received its IRS tax-exemption ruling in June 2014, 12 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, Rum River Sno-Riders Inc reported income of $87k and spending of $103k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $105k to $87k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rum River Sno-Riders Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Deer Lakes Youth Baseball Association Inc ($87k), Lower Loudon Boys Football Inc ($87k) and Fall River Youth Soccer Association Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $353k against liabilities of $61k, net assets of $292k. It reported 3 employees.