Team Mario

Analysis

Team Mario is a registered charity in United States, based in Edinburg, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Team Mario reported income of $302k and spending of $258k, spending 85% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $271k to $302k (+11%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Team Mario sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Middle Atlantic Moto-Cross Association Inc ($302k), USA Swimming Inc ($302k) and First Methodist Memorial Foundation of Glendale ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 3.8% of the total. At year end it held assets of $59k against liabilities of $17k, net assets of $42k.