Silver Stallion Bicycle & Coffee Works Inc

Analysis

Silver Stallion Bicycle & Coffee Works Inc is a registered charity in United States, based in Gallup, NM. It received its IRS tax-exemption ruling in March 2020, 6 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, Silver Stallion Bicycle & Coffee Works Inc reported income of $256k and spending of $240k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $84k to $256k (+205%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 230%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Silver Stallion Bicycle & Coffee Works Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NM. Charities of a similar size with the same main cause include Megans Wings Inc ($256k), The Michigan High School Football Association Inc ($256k) and Industry Sheriffs Youth Athletic League ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $17k (7.0% of expenses). At year end it held assets of $117k against liabilities of $86, net assets of $117k.