Chugach Mountain Bike Riders

Analysis

Chugach Mountain Bike Riders is a registered charity in United States, based in Chugiak, AK. It received its IRS tax-exemption ruling in May 2018, 8 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, Chugach Mountain Bike Riders reported income of $101k and spending of $166k, spending 165% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $320k to $101k (-69%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chugach Mountain Bike Riders sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within AK. Charities of a similar size with the same main cause include Bloomington Normal Swim Club ($101k), Boyd Co Fair Inc ($101k) and Little Vikings Football Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $30k (18% of expenses). At year end it held assets of $435k against liabilities of $0, net assets of $435k. It reported 1 employees.