Mounds View Ultimate

Analysis

Mounds View Ultimate is a registered charity in United States, based in Shoreview, MN. It received its IRS tax-exemption ruling in October 2022, 4 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, Mounds View Ultimate reported income of $56k and spending of $49k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $56k (+351%), an average of +351% a year. The sharpest change came in the year to December 2023, when income rose by 351%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mounds View Ultimate sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Beat the Streets Baltimore ($56k), Hughesville Spartan Wrestling Booster Club ($56k) and Ellet Suburban Youth Football Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.