Mad Valley Sports

Analysis

Mad Valley Sports is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in October 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Mad Valley Sports reported income of $103k and spending of $76k, leaving 26% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $99k to $103k (+4.1%), an average of +4.1% 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, Mad Valley Sports sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 28th percentile within VT. Charities of a similar size with the same main cause include Anoka Halloween Inc ($103k), Scituate Youth Soccer Assn Inc ($103k) and National Capitol Area Womens Paddling Association Inc ($103k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 5.8% and program service revenue 75% of the total. At year end it held assets of $159k against liabilities of $108k, net assets of $51k.