League of Illinois Bicyclists

Analysis

League of Illinois Bicyclists is a registered charity in United States, based in Elk Grove VLG, IL. It received its IRS tax-exemption ruling in September 1996, 30 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 September 2023, League of Illinois Bicyclists reported income of $497k and spending of $523k, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $393k to $497k (+27%), an average of +6.1% a year. The sharpest change came in the year to September 2022, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, League of Illinois Bicyclists sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Piedmont Interstate Fair Assn ($497k), Womens South Carolina Golf Association ($497k) and Arctic Winter Games Corporation of Alaska ($497k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $76k (15% of expenses). Other salaries and wages came to $72k. At year end it held assets of $353k against liabilities of $0, net assets of $353k. It reported 3 employees.