Vermont Mountain Bike Advocate Inc

Analysis

Vermont Mountain Bike Advocate Inc is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in September 2014, 12 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, Vermont Mountain Bike Advocate Inc reported income of $88k and spending of $106k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $88k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Mountain Bike Advocate Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include Northern Virginia Senior Softball Inc ($88k), Framingham Youth Basketball Inc ($88k) and Billerica Lacrosse Association Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.