Potomac Valley Dressage Assoc

Analysis

Potomac Valley Dressage Assoc is a registered charity in United States, based in Damascus, MD. It received its IRS tax-exemption ruling in January 1967, 59 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, Potomac Valley Dressage Assoc reported income of $244k and spending of $228k, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $242k to $244k (+1.1%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Potomac Valley Dressage Assoc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Moss Bluff Baseball Boosters Inc ($244k), Aulea Swim Club ($244k) and Ncboa Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.