Friends of Jockeys Ridge Inc

Analysis

Friends of Jockeys Ridge Inc is a registered charity in United States, based in Nags Head, NC. It received its IRS tax-exemption ruling in June 1992, 34 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 June 2024, Friends of Jockeys Ridge Inc reported income of $57k and spending of $35k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2021 to June 2024, income grew from $29k to $57k (+95%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 223%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Jockeys Ridge Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include American Youth Football Inc ($57k), Ventura County Pickleball Club ($57k) and Goshen Youth Football and Cheerleading Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $3,280, net assets of $67k.