Midwest Cubing Association

Analysis

Midwest Cubing Association is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in September 2022, 4 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, Midwest Cubing Association reported income of $160k and spending of $160k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $160k (+193%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midwest Cubing Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Ranger Athletic Boosters ($160k), Lpe Collective Inc ($160k) and Greater Boca Raton Chamber of Commerce Education Foundation Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.