Friends of the Fort Collins Bicycleprogram Inc

Analysis

Friends of the Fort Collins Bicycleprogram Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 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 (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 2023, Friends of the Fort Collins Bicycleprogram Inc reported income of $200k and spending of $196k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $200k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Fort Collins Bicycleprogram Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Santa Ana Pony Baseball Inc ($200k), Palmyra Recreation Association ($200k) and The San Jacinto County Fair ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $78k (40% of expenses). Other salaries and wages came to $67k. At year end it held assets of $225k against liabilities of $56k, net assets of $169k. It reported 21 employees.