Mahtomedi First Down Foundation Inc

Analysis

Mahtomedi First Down Foundation Inc is a registered charity in United States, based in Willernie, MN. It received its IRS tax-exemption ruling in January 2022, 4 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, Mahtomedi First Down Foundation Inc reported income of $62k and spending of $66k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $62k (+4.7%), an average of +4.7% a year. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mahtomedi First Down Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Riverview Raiders Athletic Club Inc ($62k), United States Bowling Congress Inc ($62k) and Northwoods Recreation Center Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.