Elkin Valley Trails Association Inc

Analysis

Elkin Valley Trails Association Inc is a registered charity in United States, based in Elkin, NC. It received its IRS tax-exemption ruling in June 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, Elkin Valley Trails Association Inc reported income of $184k and spending of $60k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $184k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 24% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elkin Valley Trails Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Colorado Womens Roller Derby Inc ($184k), Northeast Iowa Wellness and Recreation Center ($184k) and United States Bowling Congress Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.