Wichita Falls Bicycling Club Inc

Analysis

Wichita Falls Bicycling Club Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in December 2025. 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, Wichita Falls Bicycling Club Inc reported income of $693k and spending of $707k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $751k to $693k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 266%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wichita Falls Bicycling Club Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Jackson Futbol Club Inc ($693k), Young Actors Theatre Inc ($693k) and Bogus Basin Sport Education Foundation Inc ($693k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $45k (6.4% of expenses). Other salaries and wages came to $18k. At year end it held assets of $65k against liabilities of $1,912, net assets of $63k. It reported 2 employees.