Carleton Ultimate Fund

Analysis

Carleton Ultimate Fund is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in March 2013, 13 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, Carleton Ultimate Fund reported income of $72k and spending of $83k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $72k (+12%), an average of +12% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carleton Ultimate Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Venice Challenger Baseball Inc ($72k), Scots Wrestling Club ($72k) and Walton Swim and Dive Booster Club ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.