Utah High School Mountain Biking

Analysis

Utah High School Mountain Biking is a registered charity in United States, based in American Fork, UT. It received its IRS tax-exemption ruling in June 2015, 11 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, Utah High School Mountain Biking reported income of $2.9m and spending of $2.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.9m (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utah High School Mountain Biking sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Carter Community Building Association ($2.9m), Lorain County Agricultural Society ($2.9m) and Central Florida Fair Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $168k (6.2% of expenses). Other salaries and wages came to $715k. At year end it held assets of $935k against liabilities of $11k, net assets of $925k. It reported 122 employees.