Hoosier Mountain Bike Association Inc

Analysis

Hoosier Mountain Bike Association Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2004, 22 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, Hoosier Mountain Bike Association Inc reported income of $109k and spending of $79k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $241k to $109k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hoosier Mountain Bike Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Mooresville Jr Baseball ($109k), Southlake Girls Softball Association Inc ($109k) and Bandits Lacrosse Club Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.