Sleepy Eye Sportmens Club Inc

Analysis

Sleepy Eye Sportmens Club Inc is a registered charity in United States, based in Sleepy Eye, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Sleepy Eye Sportmens Club Inc reported income of $131k and spending of $98k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $131k (-5.7%), an average of -5.7% a year. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sleepy Eye Sportmens Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Community Youth Center ($131k), Mainstreet Redevelopment Association ($131k) and Franklin Residences Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 29% of the total. At year end it held assets of $300k against liabilities of $33k, net assets of $267k.