New England Mountain Bike Association Inc

Analysis

New England Mountain Bike Association Inc is a registered charity in United States, based in Acton, MA. It received its IRS tax-exemption ruling in June 1997, 29 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 December 2023, New England Mountain Bike Association Inc reported income of $1.2m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $680k to $1.2m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New England Mountain Bike Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Tennessee Aquatics Inc ($1.2m), National Rowing Foundation Inc ($1.2m) and Academy Sports of Long Island Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $128k (9.3% of expenses). Other salaries and wages came to $303k. At year end it held assets of $1.6m against liabilities of $216k, net assets of $1.4m. It reported 14 employees.