Bedford Mat Club

Analysis

Bedford Mat Club is a registered charity in United States, based in Bedford, PA. It received its IRS tax-exemption ruling in June 2022, 4 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, Bedford Mat Club reported income of $86k and spending of $91k, spending 106% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $52k to $86k (+67%), an average of +67% a year. The sharpest change came in the year to June 2024, when income rose by 67%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bedford Mat Club sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Cascade Touchdown Club ($86k), Menomonie Junior Mustangs Youth Softball Inc ($86k) and Pennridge Aquatic Club - Suburbanaquatic League ($86k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.6% and program service revenue 55% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.