Manitowish Waters Bike Trail

Analysis

Manitowish Waters Bike Trail is a registered charity in United States, based in Manitowsh WTR, WI. It received its IRS tax-exemption ruling in November 2013, 13 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, Manitowish Waters Bike Trail reported income of $87k and spending of $79k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $87k (-92%), an average of -46% a year. The sharpest change came in the year to December 2020, when income dropped by 80%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Manitowish Waters Bike Trail sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($87k), Lady Rocks Softball ($87k) and Williamston Football Boosters ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.