Egg Harbor Township Bicycle Motocross Association

Analysis

Egg Harbor Township Bicycle Motocross Association is a registered charity in United States, based in Somers Point, NJ. It received its IRS tax-exemption ruling in March 2020, 6 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, Egg Harbor Township Bicycle Motocross Association reported income of $87k and spending of $92k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $78k to $87k (+12%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Egg Harbor Township Bicycle Motocross Association sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Kansas City Swingers Golf Association ($87k), Parkway Youth Travel Basketball Inc ($87k) and Breakthrough Preteen Camp ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 92% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.