Shoreham BMX Parents Association

Analysis

Shoreham BMX Parents Association is a registered charity in United States, based in Shoreham, NY. It received its IRS tax-exemption ruling in March 1999, 27 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, Shoreham BMX Parents Association reported income of $80k and spending of $38k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2017 to December 2023, income fell from $116k to $80k (-31%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shoreham BMX Parents Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include North Iowa Volleyball Association ($80k), Waco Tennis Association Inc ($80k) and Windansea Surf Club ($80k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.