Tooele Bit N Spur Riding Club
Analysis
Tooele Bit N Spur Riding Club is a registered charity in United States, based in Erda, UT. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Tooele Bit N Spur Riding Club reported income of $204k and spending of $210k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $212k to $204k (-3.7%), an average of -3.7% a year. Over the whole period it spent 89% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tooele Bit N Spur Riding Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within UT. Charities of a similar size with the same main cause include Owasso Soccer Club ($204k), Piranha Aquatics ($204k) and Harbor Point Charitable Foundation ($204k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 91% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.
Income and spending
Where the income comes from
- Contributions & grants 7.3%
- Program services 91%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Owasso Soccer Club | Owasso | $204k |
| Piranha Aquatics | Salem | $204k |
| Harbor Point Charitable Foundation | Mill Valley | $204k |
| Lakers Hockey Club Association Inc | Lake Villa | $205k |