International Mountain Bicycling Association

Analysis

International Mountain Bicycling Association is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in October 2016, 10 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, International Mountain Bicycling Association reported income of $710k and spending of $883k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $710k (+97%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, International Mountain Bicycling Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Ridgefield Regional Aquatic Club Inc ($710k), Tri-Cities Soccer Association ($710k) and Orono Ice Arena Inc ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $29k (3.2% of expenses). Other salaries and wages came to $225k. At year end it held assets of $440k against liabilities of $11k, net assets of $430k. It reported 10 employees.