Mike Sedar BMX Parents Association Inc

Analysis

Mike Sedar BMX Parents Association Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in May 2019, 7 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, Mike Sedar BMX Parents Association Inc reported income of $66k and spending of $67k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $66k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mike Sedar BMX Parents Association Inc 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 26th percentile, and in the 21st percentile within WY. Charities of a similar size with the same main cause include Western Oregon Exposition Inc ($66k), Chatham Friends of the Parks ($66k) and Madison Youth Basketball Association ($66k).

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