Mohawk Valley Sports Club Inc

Analysis

Mohawk Valley Sports Club Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in October 2019, 7 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, Mohawk Valley Sports Club Inc reported income of $122k and spending of $96k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $122k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. 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, Mohawk Valley Sports Club Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include St Charles Football Club Foundation Inc ($122k), Little League Baseball Inc ($122k) and Charlotte Flights Track and Field Club Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.