Georgia Interscholastic Cycling League

Analysis

Georgia Interscholastic Cycling League is a registered charity in United States, based in Blue Ridge, GA. It received its IRS tax-exemption ruling in March 2017, 9 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, Georgia Interscholastic Cycling League reported income of $1.2m and spending of $921k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $781k to $1.2m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Georgia Interscholastic Cycling League sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Santa Cruz Breakers Academy Inc ($1.2m), Chastain Park Conservancy ($1.2m) and Rocklin Youth Soccer Club ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $156k (17% of expenses). Other salaries and wages came to $168k. At year end it held assets of $543k against liabilities of $21k, net assets of $522k. It reported 7 employees.