Top of Michigan Mountain Bike Assoc

Analysis

Top of Michigan Mountain Bike Assoc is a registered charity in United States, based in Boyne City, MI. It received its IRS tax-exemption ruling in May 2019, 7 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, Top of Michigan Mountain Bike Assoc reported income of $98k and spending of $125k, spending 128% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $139k to $98k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 109% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Top of Michigan Mountain Bike Assoc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Maximilian Montessori Foundation Inc ($98k), Northwest Regional Floodplain Management Association ($98k) and Connecticut Sustainable Business Council Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.