Rum River BMX Association

Analysis

Rum River BMX Association is a registered charity in United States, based in Isanti, MN. It received its IRS tax-exemption ruling in June 2000, 26 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, Rum River BMX Association reported income of $665k and spending of $549k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $369k to $665k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rum River BMX Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Patriot FC ($664k), Treasure Island Sailing Center Foundation ($665k) and Maroons Soccer Club Inc ($664k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 82% of the total. At year end it held assets of $501k against liabilities of $0, net assets of $501k.