Tam Cycling

Analysis

Tam Cycling is a registered charity in United States, based in Larkspur, CA. It received its IRS tax-exemption ruling in December 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, Tam Cycling reported income of $880k and spending of $919k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $409k to $880k (+115%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tam Cycling sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Hattiesburg Youth Soccer Association Inc ($879k), North Shore Holiday House Inc ($880k) and Vikings FC Inc ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. At year end it held assets of $444k against liabilities of $19k, net assets of $425k.