Street Racing Made Safe Program Inc

Analysis

Street Racing Made Safe Program Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Street Racing Made Safe Program Inc reported income of $68k and spending of $68k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $54k to $68k (+25%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Street Racing Made Safe Program Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Volunteer Fire Rescue Assoc of Jackson Inc ($68k), Westport Police Association ($68k) and Genoa-Kingston Volunteer Fire Department Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $481 against liabilities of $0, net assets of $481.