Milan Quarterback Club Inc

Analysis

Milan Quarterback Club Inc is a registered charity in United States, based in Milan, TN. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Milan Quarterback Club Inc reported income of $109k and spending of $87k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $865k to $109k (-87%), an average of -50% a year. The sharpest change came in the year to December 2021, when income dropped by 89%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milan Quarterback 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 39th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Mid Atlantic Section of the Institute of Transportation ($109k), Corinth Free Library ($109k) and San Jose Edison Academy Parent Teacher Organization ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $710k against liabilities of $0, net assets of $710k.