Park City Schools Mt Bike Team

Analysis

Park City Schools Mt Bike Team is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in March 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, Park City Schools Mt Bike Team reported income of $108k and spending of $80k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $108k (+157%), an average of +157% a year. The sharpest change came in the year to December 2023, when income rose by 157%. 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, Park City Schools Mt Bike Team sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within UT. Charities of a similar size with the same main cause include Metallak Atv Club ($108k), Sertoma Camp Endeavor Inc ($108k) and Long Island Express Fastpitch Softball Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.