CLT Bike Camp

Analysis

CLT Bike Camp is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, CLT Bike Camp reported income of $121k and spending of $125k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $121k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, CLT Bike Camp sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Adventureach ($121k), Boys II Men Inc ($121k) and Cedar Creek Christian Camp ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.