El Grupo Youth Cycling

Analysis

El Grupo Youth Cycling is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2009, 17 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, El Grupo Youth Cycling reported income of $473k and spending of $536k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $504k to $473k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, El Grupo Youth Cycling sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Luke 5 Adventures Inc ($473k), Optimist Volunteers for Youth Inc ($473k) and Fair St Louis Foundation ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $86k (16% of expenses). At year end it held assets of $945k against liabilities of $405k, net assets of $540k. It reported 18 employees.