Lincoln Park BMX Association

Analysis

Lincoln Park BMX Association is a registered charity in United States, based in Port Angeles, WA. It received its IRS tax-exemption ruling in April 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, Lincoln Park BMX Association reported income of $387k and spending of $283k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $470k to $387k (-18%), an average of -9.3% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Park BMX Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Greenhaven Soccer Club of Sacramento ($387k), Wissahickon Acquatic Club ($387k) and Stearns County Fair Association ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 35% of the total. At year end it held assets of $483k against liabilities of $4,195, net assets of $479k.