Ciclavia Inc

Analysis

Ciclavia Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2011, 15 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 June 2023, Ciclavia Inc reported income of $3.7m and spending of $3.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.7m (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 189%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ciclavia Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include College of Charleston Athletic Club ($3.7m), Sailfuture Inc ($3.7m) and Hilltopper Athletic Foundation Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $554k (18% of expenses). Other salaries and wages came to $482k. At year end it held assets of $1.2m against liabilities of $491k, net assets of $729k. It reported 89 employees.