Shift Community Cycles

Analysis

Shift Community Cycles is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in March 2016, 10 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, Shift Community Cycles reported income of $362k and spending of $349k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $362k (+185%), an average of +185% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shift Community Cycles sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include CW Soccer Inc ($362k), Little League Baseball Inc ($362k) and Tuckahoe Youth Association ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $97k (28% of expenses). Other salaries and wages came to $58k. At year end it held assets of $75k against liabilities of $6,610, net assets of $68k. It reported 10 employees.