Colorado Mountain Bike Association

Analysis

Colorado Mountain Bike Association is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in June 2006, 20 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, Colorado Mountain Bike Association reported income of $695k and spending of $629k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $695k (+181%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Mountain Bike Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Lyons Swim Club ($695k), Milwaukee Domes Alliance Inc ($696k) and Quincy Youth Arena Inc ($695k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $259k. At year end it held assets of $385k against liabilities of $10k, net assets of $374k. It reported 14 employees.