Michigan Scholastic Cycling Association

Analysis

Michigan Scholastic Cycling Association is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Michigan Scholastic Cycling Association reported income of $328k and spending of $251k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $328k (+50%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Michigan Scholastic Cycling Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Crested Butte Development Team ($328k), State Climb Collective Inc ($328k) and King of Prussia Soccer Club ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 69% of the total. Other salaries and wages came to $45k. At year end it held assets of $154k against liabilities of $11k, net assets of $143k.