Herriman Cycling Club

Analysis

Herriman Cycling Club is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Herriman Cycling Club reported income of $76k and spending of $61k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $76k (+15%), an average of +15% a year. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Herriman Cycling Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within UT. Charities of a similar size with the same main cause include Adair County 4-H Council Inc ($75k), Operation Reach ($76k) and Pearls of Hope Community Center ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.