National Motor Sports Press Association

Analysis

National Motor Sports Press Association is a registered charity in United States, based in Darlington, SC. It received its IRS tax-exemption ruling in October 1981, 45 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 August 2024, National Motor Sports Press Association reported income of $78k and spending of $51k, leaving 35% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $48k to $78k (+63%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Motor Sports Press Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include PTA New York Congress ($78k), East Haddam Historical Society Incorporated ($78k) and Parent Booster USA Inc ($78k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 91% and program service revenue 6.2% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.