Battle Scarred Motorsports

Analysis

Battle Scarred Motorsports is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in May 2019, 7 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, Battle Scarred Motorsports reported income of $163k and spending of $147k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $163k (-1.0%), an average of -1.0% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Battle Scarred Motorsports sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within MS. Charities of a similar size with the same main cause include National Ambucs Inc ($163k), Southeastern Association of Area Agencies on Aging ($163k) and Palos Verdes Intermediate School Booster Club ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $58k against liabilities of $27k, net assets of $31k.