Washington Student Cycling League

Analysis

Washington Student Cycling League is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in May 2017, 9 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 June 2023, Washington Student Cycling League reported income of $286k and spending of $312k, spending 109% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $190k to $286k (+51%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Washington Student Cycling League sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Girls on the Run Rhode Island ($286k), San Miguel Mentoring Program ($286k) and Nurturing Nations ($286k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $98k (32% of expenses). Other salaries and wages came to $56k. At year end it held assets of $172k against liabilities of $7,251, net assets of $165k. It reported 3 employees.