Boulder Valley Cycling Alliance

Analysis

Boulder Valley Cycling Alliance is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 2007, 19 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, Boulder Valley Cycling Alliance reported income of $736k and spending of $745k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $736k (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 40%. 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, Boulder Valley Cycling Alliance sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Los Angeles Swim Club ($736k), Missouri Park and Recreation Association ($737k) and MN Elite Girls Lacrosse Club Inc ($736k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $110k (15% of expenses). Other salaries and wages came to $354k. At year end it held assets of $427k against liabilities of $35k, net assets of $393k. It reported 56 employees.