Bikes Not Bombs Inc

Analysis

Bikes Not Bombs Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Bikes Not Bombs Inc reported income of $2.8m and spending of $2.5m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.2m to $2.8m (+123%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bikes Not Bombs Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Hispanic Coalition of Greater Waterbury Inc ($2.8m), Jewish Educational Loan Fund Inc ($2.8m) and New England Water Works Association Inc ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $102k (4.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.1m against liabilities of $452k, net assets of $1.7m. It reported 78 employees.