Garrison Speed Shop Inc

Analysis

Garrison Speed Shop Inc is a registered charity in United States, based in Uxbridge, MA. It received its IRS tax-exemption ruling in February 2022, 4 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 (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, Garrison Speed Shop Inc reported income of $113k and spending of $95k, spending 84% of its income. The sharpest change came in the year to December 2023, when income rose by 232%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garrison Speed Shop Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Friends of the Orphanages Inc ($113k), Tampa Realistic Artists Inc ($113k) and Little League Baseball Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.