Mountain Bike Minnesota Inc

Analysis

Mountain Bike Minnesota Inc is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in February 2009, 17 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, Mountain Bike Minnesota Inc reported income of $128k and spending of $124k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $128k (+6.9%), an average of +6.9% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mountain Bike Minnesota Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Hoosier Region Volleyball Association Inc ($128k), Allen Park Bulldogs Inc ($128k) and Sacramento Aquatics Club Parent Booster ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 86% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.