Cape Coral BMX Association Inc

Analysis

Cape Coral BMX Association Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in February 2014, 12 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, Cape Coral BMX Association Inc reported income of $148k and spending of $125k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $162k to $148k (-8.8%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income rose by 39%. 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, Cape Coral BMX Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Arizona Figure Skating Club ($148k), Little League Baseball Inc ($148k) and Glen Rock Shooting Stars Soccer Club Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 85% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.