Marymoor Velodrome Association

Analysis

Marymoor Velodrome Association is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in October 1999, 27 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, Marymoor Velodrome Association reported income of $317k and spending of $278k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $199k to $317k (+59%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marymoor Velodrome Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include El Paso Swat Inc ($317k), Bozeman Sports Parks Foundation Inc ($317k) and Events Mobile Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.