Lake Tahoe Bicycle Coalition

Analysis

Lake Tahoe Bicycle Coalition is a registered charity in United States, based in Zephyr Cove, NV. It received its IRS tax-exemption ruling in March 2010, 16 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, Lake Tahoe Bicycle Coalition reported income of $53k and spending of $43k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $53k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Tahoe Bicycle Coalition sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NV. Charities of a similar size with the same main cause include Basketball Embassy ($53k), Carlisle Football Booster Club ($53k) and Greater Toledo Inline Hockey League ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.