Bike Hut Foundation

Analysis

Bike Hut Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Bike Hut Foundation reported income of $82k and spending of $76k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $82k (-8.6%), an average of -8.6% a year. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bike Hut Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Eastern California Water Association ($82k), Wyoming Natural Resource Foundation ($82k) and Kitsap Audubon Society ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 35% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.