Tahoe Area Mountain Bike Association

Analysis

Tahoe Area Mountain Bike Association is a registered charity in United States, based in S Lake Tahoe, CA. It received its IRS tax-exemption ruling in February 2012, 14 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 March 2023, Tahoe Area Mountain Bike Association reported income of $785k and spending of $620k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to March 2023, income grew from $256k to $785k (+206%), an average of +45% a year. The sharpest change came in the year to March 2022, when income rose by 142%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tahoe Area Mountain Bike Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Glen-Ed Sports Association ($785k), Ohio Farm Bureau Foundation Inc ($785k) and South River Youth Athletics Inc ($785k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $96k (15% of expenses). Other salaries and wages came to $119k. At year end it held assets of $966k against liabilities of $8,066, net assets of $958k. It reported 6 employees.