Minneapolis City SC

Analysis

Minneapolis City SC is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2016, 10 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, Minneapolis City SC reported income of $224k and spending of $210k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $224k (+2.4%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minneapolis City SC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include USA Ball Hockey Foundation Inc ($224k), Aac Eagles Chicago Soccer Academy ($224k) and Bobby Dodd Charities Foundation Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $2,313 (1.1% of expenses). At year end it held assets of -$15k against liabilities of $0, net assets of -$15k.