Community Bike Works

Analysis

Community Bike Works is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Community Bike Works reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $780k to $1.0m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Community Bike Works sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Shania Twain Foundation Inc ($1.0m), Spirit of Giving Network Inc ($1.0m) and National Foster Youth Institute ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $119k (11% of expenses). Other salaries and wages came to $669k. At year end it held assets of $359k against liabilities of $1,804, net assets of $357k. It reported 25 employees.