Akron Derby Downs BMX Inc

Analysis

Akron Derby Downs BMX Inc is a registered charity in United States, based in Uniontown, OH. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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, Akron Derby Downs BMX Inc reported income of $114k and spending of $87k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $114k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Akron Derby Downs BMX Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Inclusive World ($114k), Irish Business Organization of New York Inc ($114k) and Monticello 2nd Chance Fur Dogs LLC ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.