Spokane BMX

Analysis

Spokane BMX is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 2016, 10 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, Spokane BMX reported income of $97k and spending of $99k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $97k (-1.7%), an average of -1.7% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spokane BMX sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Lake State Alpine Racing ($97k), Springfield Youth Baseball Association ($97k) and Gulf Boxing Association ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.