Midnight Sun Run Inc

Analysis

Midnight Sun Run Inc is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in October 1994, 32 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 December 2023, Midnight Sun Run Inc reported income of $71k and spending of $68k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $71k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midnight Sun Run Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within AK. Charities of a similar size with the same main cause include Nebraska Shooting Sports Foundation ($71k), The United States Pony Clubs Inc ($71k) and The Christian Campsite Association ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $66k against liabilities of $56k, net assets of $9,207.