Mybl Inc

Analysis

Mybl Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in December 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mybl Inc reported income of $82k and spending of $70k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $82k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. 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, Mybl Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Cheyenne Girls Softball Association ($82k), Atlanta Amateur Hockey League Foundation Inc ($82k) and Linden Youth Baseball and Softball ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.