Bike Buckeye Lake

Analysis

Bike Buckeye Lake is a registered charity in United States, based in Newark, OH. 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, Bike Buckeye Lake reported income of $76k and spending of $21k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $76k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 16% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bike Buckeye Lake sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include Quincy Park Foundation ($76k), Bethesda Park District ($76k) and Washington Quarter Midget Association ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $204k against liabilities of $80, net assets of $204k.