Aberdeen Exchange BMX

Analysis

Aberdeen Exchange BMX is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Aberdeen Exchange BMX reported income of $139k and spending of $118k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $139k (-6.5%), an average of -6.5% a year. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aberdeen Exchange BMX 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 45th percentile, and in the 42nd percentile within SD. Charities of a similar size with the same main cause include Isabelle Ridgway Foundation ($139k), Village Volunteers ($139k) and FCM Cares Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 37% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.