Miami South BMX Inc

Analysis

Miami South BMX Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Miami South BMX Inc reported income of $51k and spending of $57k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $40k to $51k (+29%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Miami South BMX Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include A & B Ministries Inc ($51k), Greenville Junior Golf ($51k) and HWC Booster Club ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,359 against liabilities of $0, net assets of $8,359.