Chequamegon Area Mountain Bike Association

Analysis

Chequamegon Area Mountain Bike Association is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in April 2007, 19 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, Chequamegon Area Mountain Bike Association reported income of $446k and spending of $457k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $446k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chequamegon Area Mountain Bike Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include United States Australian Football League ($446k), Verona Area Swim Team ($446k) and Coon Rapids Mat Bandits Wrestling Club ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. Other salaries and wages came to $103k. At year end it held assets of $274k against liabilities of $2,604, net assets of $271k. It reported 8 employees.