Jacksonville BMX Inc

Analysis

Jacksonville BMX Inc is a registered charity in United States, based in Ponte Vedra Beach, FL. It received its IRS tax-exemption ruling in May 2017, 9 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, Jacksonville BMX Inc reported income of $69k and spending of $56k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $69k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jacksonville BMX Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Missouri Youth Sport Shooting Alliance ($69k), Chinese Association of West Covina - Caawc ($69k) and Blazer Dance Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 152% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.