Front Rangers Cycling Club Inc

Analysis

Front Rangers Cycling Club Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1994, 32 years ago. 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, Front Rangers Cycling Club Inc reported income of $153k and spending of $99k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $153k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 192%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Front Rangers Cycling Club Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include University of Notre Dame Club of Chicago ($153k), Life Skills Foundation ($153k) and Kiwanis Club of North Modesto Foundation ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% of the total. Compensation of current officers, directors and key employees was $51k (52% of expenses). It paid $150 in professional fundraising fees. At year end it held assets of $917k against liabilities of $0, net assets of $917k. It reported 2 employees.