Blackbird Quarter Midget Race Club

Analysis

Blackbird Quarter Midget Race Club is a registered charity in United States, based in Southampton, PA. It received its IRS tax-exemption ruling in February 2018, 8 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, Blackbird Quarter Midget Race Club reported income of $129k and spending of $101k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $129k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blackbird Quarter Midget Race Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Sawyer Overman Memorial ($128k), Coon Creek Youth Sporting Foundation ($129k) and Woburn Youth Soccer Association Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 33% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.