Bicycles for Humanity - Colorado

Analysis

Bicycles for Humanity - Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 August 2023, Bicycles for Humanity - Colorado reported income of $119k and spending of $134k, spending 112% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $85k to $119k (+40%), an average of +40% a year. The sharpest change came in the year to August 2023, when income rose by 40%. Over the whole period it spent 133% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bicycles for Humanity - Colorado sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Touch Nepal Inc ($119k), Hoe Ministries Inc ($119k) and Wired International ($119k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.