Casper Mountain Racers

Analysis

Casper Mountain Racers is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in June 1988, 38 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 September 2022, Casper Mountain Racers reported income of $117k and spending of $116k, spending 99% of its income. Across the 4 years on record, from September 2019 to September 2022, income fell from $148k to $117k (-21%), an average of -7.5% a year. The sharpest change came in the year to September 2021, when income rose by 137%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Casper Mountain Racers sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within WY. Charities of a similar size with the same main cause include Rock Creek Diamond Club ($117k), Central Loudoun Youth Football League Inc ($117k) and Play Adventures Inc ($117k).

On its Form 990-EZ for the period ending September 2022, revenue came from contributions and grants 0.2% and program service revenue 30% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.