Strength & Honor Motorcycle Club of Virginia Inc

Analysis

Strength & Honor Motorcycle Club of Virginia Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Strength & Honor Motorcycle Club of Virginia Inc reported income of $69k and spending of $62k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $69k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Strength & Honor Motorcycle Club of Virginia Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Kids Closet of Duluth ($69k), Karnes County Christian Thrift Center Inc ($69k) and Consignment Shop for Womens Crisis Services ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.