Washington Quarter Midget Association

Analysis

Washington Quarter Midget Association is a registered charity in United States, based in Monroe, WA. It received its IRS tax-exemption ruling in June 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Washington Quarter Midget Association reported income of $76k and spending of $55k, leaving 28% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income fell from $86k to $76k (-12%), an average of -12% a year. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington Quarter Midget Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include Bellingham Soccer Association Inc ($76k), Quincy Park Foundation ($76k) and San Gabriel Judo Dojo ($76k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 18% and program service revenue 63% of the total. At year end it held assets of $373k against liabilities of $0, net assets of $373k.