KCV Cycling Club Inc

Analysis

KCV Cycling Club Inc is a registered charity in United States, based in Winona Lake, IN. It received its IRS tax-exemption ruling in August 2008, 18 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, KCV Cycling Club Inc reported income of $208k and spending of $140k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $208k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, KCV Cycling Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Simi Valley Bulldogs Football & Cheer ($208k), Greater Ft Myers Soccer Club ($208k) and Echoes Athletic Association ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $390k against liabilities of $130k, net assets of $260k.