Skyway Bridge Run

Analysis

Skyway Bridge Run is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Skyway Bridge Run reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $1.1m (+185%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 856%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skyway Bridge Run sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Arrowhead Emergency Medical Services Association Inc ($1.1m), United Way of Enid and Northwest Oklahoma Inc ($1.1m) and Southern Medical Association ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.