Central Indiana Bicycling Assoc Inc

Analysis

Central Indiana Bicycling Assoc Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Indiana Bicycling Assoc Inc reported income of $313k and spending of $341k, spending 109% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income grew from $122k to $313k (+157%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 446%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Indiana Bicycling Assoc Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include The Upper Room Recovery Community Inc ($312k), Kinsman Redeemer Homeless Ministry ($313k) and Angels of Mercy Ministries Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $263k against liabilities of $8,735, net assets of $254k.