Standardbred Journal Inc

Analysis

Standardbred Journal Inc is a registered charity in United States, based in Apple Creek, OH. It received its IRS tax-exemption ruling in June 2023, 3 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, Standardbred Journal Inc reported income of $585k and spending of $579k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $514k to $585k (+14%), an average of +14% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Standardbred Journal Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Alabama Scenic River Trail Inc ($585k), Ohio Valley Athletic Conference ($585k) and USA Team Handball ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $101k (17% of expenses). At year end it held assets of $166k against liabilities of $50k, net assets of $116k. It reported 4 employees.