Shenandoah Valley Bicycle Coalition

Analysis

Shenandoah Valley Bicycle Coalition is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in May 2006, 20 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, Shenandoah Valley Bicycle Coalition reported income of $300k and spending of $306k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $238k to $300k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 35%. 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, Shenandoah Valley Bicycle Coalition sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Barny Ball ($300k), Ultrafit USA ($300k) and Kewaunee County Agricultural Assoc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $55k (18% of expenses). Other salaries and wages came to $2,736. At year end it held assets of $195k against liabilities of $1, net assets of $195k. It reported 1 employees.