Seatac BMX

Analysis

Seatac BMX is a registered charity in United States, based in Maple Valley, WA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Seatac BMX reported income of $407k and spending of $204k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $462k to $407k (-12%), an average of -12% a year. Over the whole period it spent 31% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seatac BMX sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Springfield Boys Club Trust Fund for Springfield Boys Club Inc ($406k), Deep South Little Britches Rodeo Association ($407k) and Midways Opportunity House ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $582k against liabilities of $0, net assets of $582k.