Sheboygan County Cycling

Analysis

Sheboygan County Cycling is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in January 2023, 3 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, Sheboygan County Cycling reported income of $59k and spending of $23k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,065 to $59k (+1829%), an average of +1829% a year. The sharpest change came in the year to December 2023, when income rose by 1829%. Over the whole period it spent 39% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sheboygan County Cycling sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Pennsville Soccer Association Inc ($59k), Northeast Texas Trail ($59k) and Oakland Metropolitan Chamber of Commerce Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.