Washington Area Bicyclist Association

Analysis

Washington Area Bicyclist Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1973, 53 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, Washington Area Bicyclist Association reported income of $3.0m and spending of $2.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.0m (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington Area Bicyclist Association sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include Jewish Reconstructionist Camping Corporation ($3.0m), Friends of Young Judaea Inc ($3.0m) and Tucson Trap and Skeet Club ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $142k (4.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.0m against liabilities of $380k, net assets of $1.6m. It reported 46 employees.