Cranberry Lake Mountaineers Snowmobile Club Inc

Analysis

Cranberry Lake Mountaineers Snowmobile Club Inc is a registered charity in United States, based in Cranberry LK, NY. It received its IRS tax-exemption ruling in January 2021, 5 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 April 2024, Cranberry Lake Mountaineers Snowmobile Club Inc reported income of $151k and spending of $122k, spending 81% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $394k to $151k (-62%), an average of -62% a year. The sharpest change came in the year to April 2024, when income dropped by 62%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cranberry Lake Mountaineers Snowmobile Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Medway Youth Soccer Association Inc ($151k), Rogers Rebels Soccer Club ($151k) and Little League Baseball Inc ($151k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $492k against liabilities of $81k, net assets of $411k.