American Motorsports Association

Analysis

American Motorsports Association is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, American Motorsports Association reported income of $97k and spending of $108k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $97k (-25%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, American Motorsports Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MO. Charities of a similar size with the same main cause include Dennis Volunteer Fire Company Inc ($97k), Melbourne Volunteer Fire Department Inc ($97k) and Handley Community Volunteer Fire Department Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $5,308 against liabilities of $0, net assets of $5,308.