New England Youth Cycling Inc

Analysis

New England Youth Cycling Inc is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in November 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, New England Youth Cycling Inc reported income of $354k and spending of $287k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $306k to $354k (+16%), an average of +7.5% a year. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New England Youth Cycling Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Victor Swim Club Inc ($354k), Fairfield Parks and Recreation Foundation ($354k) and Pacific Beach Tennis Club ($354k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (36% of expenses). At year end it held assets of $163k against liabilities of $0, net assets of $163k.