Cycling Without Age Inc

Analysis

Cycling Without Age Inc is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cycling Without Age Inc reported income of $326k and spending of $322k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $590k to $326k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cycling Without Age Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Tri-City Community Development Corporation ($326k), Family Garden ($326k) and Jeep Sullivans Outdoor Adventures Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.