Genesee Valley Riding and Driving Club Inc

Analysis

Genesee Valley Riding and Driving Club Inc is a registered charity in United States, based in Geneseo, NY. It received its IRS tax-exemption ruling in December 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Genesee Valley Riding and Driving Club Inc reported income of $148k and spending of $141k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $148k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Genesee Valley Riding and Driving Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Mueller Park Baseball Inc ($148k), Gilmer County Parks and Recreation Board Inc ($148k) and Brownsburg Junior Basketball League Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.