Illinois Motorcycle Freedom Run NFP

Analysis

Illinois Motorcycle Freedom Run NFP is a registered charity in United States, based in Palos Heights, IL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Illinois Motorcycle Freedom Run NFP reported income of $79k and spending of $73k, spending 92% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $61k to $79k (+30%), an average of +30% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Motorcycle Freedom Run NFP sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Friends of Maine Coastal Islands NWR ($79k), Gold Buckle Production Inc ($79k) and Redmond Food Project ($79k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.