Greater Rochester Soap Box Derby Inc

Analysis

Greater Rochester Soap Box Derby Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Greater Rochester Soap Box Derby Inc reported income of $80k and spending of $80k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $80k (+130%), an average of +130% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Greater Rochester Soap Box Derby Inc sits at the 35th percentile: it is larger than about 35% 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 Sudbury Scouting Association Inc ($80k), Scout Space ($80k) and Litchfield Soccer Club Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206 against liabilities of $0, net assets of $206.