Southern Off Road Bicycle Association

Analysis

Southern Off Road Bicycle Association is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in February 2001, 25 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, Southern Off Road Bicycle Association reported income of $258k and spending of $144k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $290k to $258k (-11%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 51% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Off Road Bicycle Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Washington County Agricultural Organization Inc ($258k), Aces Fastpitch Club ($258k) and Delaware Junior Blue Hens Ice Hockey Club ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $74k (51% of expenses). Other salaries and wages came to $5,985. At year end it held assets of $571k against liabilities of $57k, net assets of $514k. It reported 2 employees.