Howard County Antique Farm Machinery Club Inc

Analysis

Howard County Antique Farm Machinery Club Inc is a registered charity in United States, based in W Friendship, MD. It received its IRS tax-exemption ruling in May 1996, 30 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, Howard County Antique Farm Machinery Club Inc reported income of $90k and spending of $95k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $90k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 142% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Howard County Antique Farm Machinery Club 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 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Harrison Wrestling Booster Club Inc ($90k), Grand Ledge Soccer Club Inc ($90k) and Emerald Diamond International Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. At year end it held assets of $794k against liabilities of $3,370, net assets of $791k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.