Rapid City BMX

Analysis

Rapid City BMX is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in October 2014, 12 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, Rapid City BMX reported income of $105k and spending of $118k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $105k (+1.8%), an average of +1.8% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rapid City BMX sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within SD. Charities of a similar size with the same main cause include Greater Pittsburgh Usbc ($105k), Great Falls Colts Limited ($105k) and West Coast Elite ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.