Bingham Herriman Cycling Club

Analysis

Bingham Herriman Cycling Club is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bingham Herriman Cycling Club reported income of $97k and spending of $80k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $97k (+12%), an average of +12% a year. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bingham Herriman Cycling Club sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within UT. Charities of a similar size with the same main cause include Unveiling ($97k), Locust Valley Middle School Parents Council Inc ($97k) and Lifebuild Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.