MHB Gridiron Club Inc

Analysis

MHB Gridiron Club Inc is a registered charity in United States, based in Mount Horeb, WI. It received its IRS tax-exemption ruling in November 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, MHB Gridiron Club Inc reported income of $258k and spending of $98k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $910k to $258k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 15% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, MHB Gridiron Club Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Hawaii Amateur Surfing Association ($258k), Amateur Athletic Union of the United States Inc ($258k) and Peninsula Youth Football Association ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 22% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.