Southern Maryland BMX

Analysis

Southern Maryland BMX is a registered charity in United States, based in Chaptico, MD. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Southern Maryland BMX reported income of $73k and spending of $76k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $73k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Maryland BMX sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Riverside Aquettes Swim Club ($73k), Baldwinsville Girls Lacrosse Inc ($73k) and Verona Eagles Football Program Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 66% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.