Lakeland Area Mountain Bike Organization Incorporated

Analysis

Lakeland Area Mountain Bike Organization Incorporated is a registered charity in United States, based in Woodruff, WI. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakeland Area Mountain Bike Organization Incorporated reported income of $56k and spending of $83k, spending 148% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $56k (+5.4%), an average of +5.4% a year. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakeland Area Mountain Bike Organization Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include Harrison High School Soccer Booster Club ($56k), Fall Creek Flying Fish ($56k) and Team Up Gymnastics Association Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.