USA Cycling Inc

Analysis

USA Cycling Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 1995, 31 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, USA Cycling Inc reported income of $16.0m and spending of $17.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.9m to $16.0m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Cycling Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Arizona Interscholastic Association Inc ($16.0m), Special Olympics Florida Inc ($16.3m) and Jewish Community Center ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $1.8m (10% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $18.6m against liabilities of $8.1m, net assets of $10.5m. It reported 81 employees.