Reno Tahoe Junior Cycling

Analysis

Reno Tahoe Junior Cycling is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in October 2014, 12 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, Reno Tahoe Junior Cycling reported income of $123k and spending of $98k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $123k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reno Tahoe Junior Cycling sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within NV. Charities of a similar size with the same main cause include Federal Prospect Hockey League Inc ($123k), Texas Association of Independent Athletic Organizations ($123k) and Tucson Community Tennis Program ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 4.9% of the total. At year end it held assets of $158k against liabilities of $1,871, net assets of $157k.