American Quarter Midget Association

Analysis

American Quarter Midget Association is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in March 2021, 5 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, American Quarter Midget Association reported income of $65k and spending of $73k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $65k (+0.4%), an average of +0.4% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, American Quarter Midget Association 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 28th percentile within CA. Charities of a similar size with the same main cause include Eau Claire Community Parks Association Inc ($65k), Girls Softball League of Jefferson County ($65k) and Douglas Gridiron Club Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $31k against liabilities of $340, net assets of $31k.