Operation Motorsport Program Foundation Inc

Analysis

Operation Motorsport Program Foundation Inc is a registered charity in United States, based in Mount Airy, MD. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Operation Motorsport Program Foundation Inc reported income of $576k and spending of $372k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $139k to $576k (+314%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 228%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Motorsport Program Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Embrace Waiting Children Inc ($576k), United in Christ Ministry Worldwide Inc ($576k) and Let There Be Mom Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.4% of the total. At year end it held assets of $363k against liabilities of $53k, net assets of $310k.