Midway Sports Association Inc
Analysis
Midway Sports Association Inc is a registered charity in United States, based in Hockessin, DE. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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 2022, Midway Sports Association Inc reported income of $121k and spending of $131k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $170k to $121k (-29%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midway Sports Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within DE. Charities of a similar size with the same main cause include Hemlock Edge Rescue ($121k), Little League Baseball Inc ($121k) and Little League Baseball Inc ($121k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.1% and program service revenue 92% of the total. At year end it held assets of $316k against liabilities of $3,830, net assets of $312k.
Income and spending
Where the income comes from
- Contributions & grants 6.1%
- Program services 92%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hemlock Edge Rescue | Three Springs | $121k |
| Little League Baseball Inc | Aylett | $121k |
| Little League Baseball Inc | Lagrangeville | $121k |
| Ellington Community Scholarship Association Inc | Ellington | $121k |