Ocala Mountain Bike Association Inc

Analysis

Ocala Mountain Bike Association Inc is a registered charity in United States, based in Belleview, FL. It received its IRS tax-exemption ruling in August 2011, 15 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, Ocala Mountain Bike Association Inc reported income of $172k and spending of $201k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $18k to $172k (+854%), an average of +209% a year. The sharpest change came in the year to December 2022, when income rose by 962%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ocala Mountain Bike Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Davie High Athletic Boosters Association Inc ($172k), Field of Dreams Inc ($172k) and Miracle League of Southeastern Connecticut Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 86% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.