Edina Ultimate

Analysis

Edina Ultimate is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in July 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 June 2024, Edina Ultimate reported income of $170k and spending of $176k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $159k to $170k (+7.0%), an average of +7.0% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edina Ultimate sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include John Burch Park Supporters ($170k), Barnsdall Art Park Foundation ($170k) and Ball 4 Lyfe Foundation Inc ($170k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 63% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.