Vermont Mountain Bike Advocate Inc

Analysis

Vermont Mountain Bike Advocate Inc is a registered charity in United States, based in Waterbury, VT. It received its IRS tax-exemption ruling in September 2014, 12 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, Vermont Mountain Bike Advocate Inc reported income of $82k and spending of $43k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $82k (+12%), an average of +12% a year. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Mountain Bike Advocate Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 23rd percentile within VT. Charities of a similar size with the same main cause include Wesson Athletic Foundation Inc ($82k), Girard Baseball Association ($82k) and Bellingham Youth Basketball Association ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.