Cyclists of the Gitchee Gumee Shores Inc

Analysis

Cyclists of the Gitchee Gumee Shores Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Cyclists of the Gitchee Gumee Shores Inc reported income of $164k and spending of $106k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $164k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cyclists of the Gitchee Gumee Shores Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Northwest Perennial Alliance ($164k), San Bernadino Mountains Land Trust ($165k) and Friends of Jackson County Conservation ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $29k (27% of expenses). At year end it held assets of $343k against liabilities of $12k, net assets of $330k. It reported 1 employees.