Mirage Blue Line Club Inc

Analysis

Mirage Blue Line Club Inc is a registered charity in United States, based in Hermantown, MN. 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 June 2024, Mirage Blue Line Club Inc reported income of $61k and spending of $42k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $59k to $61k (+3.3%), an average of +3.3% a year. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mirage Blue Line Club Inc sits at the 27th percentile: it is larger than about 27% 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 Mercury Swimming Inc ($61k), Rockport New Years Eve Inc ($61k) and Saranac Lake Pee Wee Hockey Assoc Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 57% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.