Women in Motorsports North America Inc

Analysis

Women in Motorsports North America Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 2022, 4 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 (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, Women in Motorsports North America Inc reported income of $836k and spending of $724k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $245k to $836k (+241%), an average of +242% a year. The sharpest change came in the year to December 2023, when income rose by 241%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Women in Motorsports North America Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within DE. Charities of a similar size with the same main cause include Christian Youth Foundation ($836k), Southeastern Massachusetts Regional Youth Hockey Association Inc ($836k) and Trinity Soccer Academy ($835k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $77k (11% of expenses). At year end it held assets of $282k against liabilities of $44k, net assets of $238k. It reported 1 employees.