Bedford Riding Lanes Association Inc

Analysis

Bedford Riding Lanes Association Inc is a registered charity in United States, based in Bedford, NY. It received its IRS tax-exemption ruling in November 1972, 54 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, Bedford Riding Lanes Association Inc reported income of $434k and spending of $278k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $434k (+208%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bedford Riding Lanes Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include San Francisco Lacrosse Club Inc ($434k), Downtown Manhattan Soccer League Inc ($434k) and Arkansas Comets Soccer Club Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $85k (31% of expenses). At year end it held assets of $770k against liabilities of $87k, net assets of $682k.