San Diego Velodrome Association Inc

Analysis

San Diego Velodrome Association Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2017, 9 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, San Diego Velodrome Association Inc reported income of $128k and spending of $178k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $128k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 121% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Diego Velodrome Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Oregon Youth Basketball League ($128k), Mankato Caledonian Curling Club Inc ($128k) and Allen Park Bulldogs Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 40% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.