World Bicycle Relief NFP

Analysis

World Bicycle Relief NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, World Bicycle Relief NFP reported income of $15.5m and spending of $16.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $15.5m (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, World Bicycle Relief NFP sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include National Emergency Assistance Inc ($15.5m), International Associationn of Fire Chiefs Inc ($16.1m) and Gods Pit Crew Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $518k (3.1% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $13.3m against liabilities of $2.3m, net assets of $11.0m. It reported 31 employees.