Quad Cities Atv Club Inc

Analysis

Quad Cities Atv Club Inc is a registered charity in United States, based in Virginia, MN. It received its IRS tax-exemption ruling in July 2017, 9 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, Quad Cities Atv Club Inc reported income of $147k and spending of $147k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $814k to $147k (-82%), an average of -82% a year. The sharpest change came in the year to December 2023, when income dropped by 82%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quad Cities Atv Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Lynnfield Pioneer Youth Football and Cheer ($147k), Pleasanton Girls Softball League ($147k) and New Jersey Junior & High School Rodeo Association Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.