Bay Rockets Association Inc

Analysis

Bay Rockets Association Inc is a registered charity in United States, based in Bay Village, OH. It received its IRS tax-exemption ruling in July 1993, 33 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 June 2024, Bay Rockets Association Inc reported income of $301k and spending of $255k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $220k to $301k (+37%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Rockets Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Friends of the Pella Community Center Inc ($301k), Union Rescue Squad Inc ($301k) and The Dream Center ($301k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 54% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.