Adirondack Foothills Cycling Club

Analysis

Adirondack Foothills Cycling Club is a registered charity in United States, based in Croghan, NY. It received its IRS tax-exemption ruling in May 2022, 4 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, Adirondack Foothills Cycling Club reported income of $53k and spending of $53k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $53k (+187%), an average of +187% a year. The sharpest change came in the year to December 2023, when income rose by 187%. 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, Adirondack Foothills Cycling Club sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include California Society of Pediatric Dentists Foundation ($53k), Key City Athletics Foundation Inc ($53k) and Skihawks Racing Team a Not for Profit Corporation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. At year end it held assets of $4,774 against liabilities of $0, net assets of $4,774.