Iowa Bicycle Coalition

Analysis

Iowa Bicycle Coalition is a registered charity in United States, based in Coralville, IA. It received its IRS tax-exemption ruling in October 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Iowa Bicycle Coalition reported income of $553k and spending of $586k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $398k to $553k (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2024, when income rose by 106%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iowa Bicycle Coalition sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Cherry Hill United Soccer Association Inc ($553k), New England Collegiate Baseball League Inc ($553k) and Camp Thorpe Inc ($553k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $86k (15% of expenses). Other salaries and wages came to $99k. At year end it held assets of $113k against liabilities of $8,161, net assets of $104k. It reported 5 employees.