Midland Athletic Association Inc

Analysis

Midland Athletic Association Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in August 1995, 31 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, Midland Athletic Association Inc reported income of $175k and spending of $119k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $175k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midland Athletic Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Southington Gridiron Club ($175k), Gold Nugget Triathlon Incorporated ($175k) and Neartown Little League ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $307k against liabilities of $3,250, net assets of $304k.