Potomac Pedalers Touring Club Inc

Analysis

Potomac Pedalers Touring Club Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in July 1989, 37 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, Potomac Pedalers Touring Club Inc reported income of $60k and spending of $39k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $164k to $60k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Potomac Pedalers Touring Club Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Shakopee Mat Club 564 ($60k), Slate Belt Youth Soccer Associationinc ($60k) and Chobee Volleyball Academy Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 24% of the total. At year end it held assets of $330k against liabilities of $30k, net assets of $300k.