Iowa Central BMX Inc

Analysis

Iowa Central BMX Inc is a registered charity in United States, based in Altoona, IA. It received its IRS tax-exemption ruling in May 2022, 4 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, Iowa Central BMX Inc reported income of $94k and spending of $101k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $94k (+38%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iowa Central BMX Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within IA. Charities of a similar size with the same main cause include Nykosmos F C Inc ($94k), RPT Nation ($94k) and Indianola Youth Trap Team ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 69% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.