West Town Bikes NFP

Analysis

West Town Bikes NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2007, 19 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, West Town Bikes NFP reported income of $482k and spending of $505k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $482k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Town Bikes NFP sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Northern New Mexico Soccer Association ($482k), Tall Turf Ministries ($483k) and Derivera Park Trustees ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 33% of the total. Other salaries and wages came to $244k. At year end it held assets of $229k against liabilities of $142k, net assets of $86k. It reported 19 employees.