Mansfield Invitational Inc

Analysis

Mansfield Invitational Inc is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in July 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, Mansfield Invitational Inc reported income of $52k and spending of $14k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $52k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 57% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mansfield Invitational Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Las Lomas Football Foundation ($52k), Snipe Class International Racing Association USA ($52k) and Ryal Side Civic Association Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 164% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.