Bg262 & Half Marathon Inc

Analysis

Bg262 & Half Marathon Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in January 2024, 2 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, Bg262 & Half Marathon Inc reported income of $91k and spending of $79k, spending 87% of its income. Across the 2 years on record, from December 2020 to December 2023, income grew from $79k to $91k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bg262 & Half Marathon Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include LA Throwback Foundation ($91k), Eastern Collegiate Volleyball Association ($91k) and Thomas Township Parks Association ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.