Suwannee Bicycle Association Inc

Analysis

Suwannee Bicycle Association Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Suwannee Bicycle Association Inc reported income of $65k and spending of $67k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $65k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 108% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Suwannee Bicycle Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Lincoln Botanical Garden ($65k), Udalls Cove Preservation Committee Inc ($65k) and Northeastern Weed Science Society ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.