Oregon Bicycle Racing Association

Analysis

Oregon Bicycle Racing Association is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in January 2003, 23 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, Oregon Bicycle Racing Association reported income of $253k and spending of $284k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $708k to $253k (-64%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 82%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oregon Bicycle Racing Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Basketball Development Group Inc ($253k), Long Walk Home Inc ($253k) and Greater Greenville Scottish Games and Highland Festival ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). Other salaries and wages came to $86k. At year end it held assets of $163k against liabilities of $0, net assets of $163k. It reported 8 employees.