Glencoe-Silver Lake Trapshooting

Analysis

Glencoe-Silver Lake Trapshooting is a registered charity in United States, based in Glencoe, MN. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Glencoe-Silver Lake Trapshooting reported income of $76k and spending of $57k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $76k (+4.1%), an average of +4.1% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glencoe-Silver Lake Trapshooting sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include John and Virginia Newton Scholarship Fund ($76k), Rural Communities Empowerment Center ($76k) and Philadelphia Alumni Chapter Housing Corporation ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 3.9% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.