Southern Off-Road Bicycle Association

Analysis

Southern Off-Road Bicycle Association is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2001, 25 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 April 2023, Southern Off-Road Bicycle Association reported income of $132k and spending of $80k, leaving 39% of income unspent that year. Across the 3 years on record, from April 2021 to April 2023, income fell from $148k to $132k (-11%), an average of -5.7% a year. The sharpest change came in the year to April 2022, when income rose by 58%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Off-Road Bicycle Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($132k), Beachside Athletic Boosters Inc ($132k) and Ignite FC ($132k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.