Central Ohio Bicycle Racing Association Inc

Analysis

Central Ohio Bicycle Racing Association Inc is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in March 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Ohio Bicycle Racing Association Inc reported income of $57k and spending of $53k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $57k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Ohio Bicycle Racing Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Mitchell Soccer Assn ($57k), Hawaiian Aau ($57k) and Bulldog Blitz Corporation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 60% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.