Mudratz Incorporated

Analysis

Mudratz Incorporated is a registered charity in United States, based in Stonington, CT. It received its IRS tax-exemption ruling in April 2024, 2 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 March 2020, Mudratz Incorporated reported income of $386k and spending of $154k, leaving 60% of income unspent that year. Across the 2 years on record, from March 2019 to March 2020, income fell from $916k to $386k (-58%), an average of -58% a year. The sharpest change came in the year to March 2020, when income dropped by 58%. Over the whole period it spent 26% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mudratz Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Wall Soccer Club Inc ($386k), Pier Park & Playground Association ($386k) and Rohnert Park Babe Ruth Baseball League ($386k).

On its Form 990 for the period ending March 2020, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. At year end it held assets of $1.7m against liabilities of $1,099, net assets of $1.7m.