Queen City Mutiny Inc

Analysis

Queen City Mutiny Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 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, Queen City Mutiny Inc reported income of $1.7m and spending of $1.0m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $687k to $1.7m (+148%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Queen City Mutiny Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Djct-Np Inc ($1.7m), F C Frederick Inc ($1.7m) and Brown County Ice Management Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $895k against liabilities of $30, net assets of $895k.