Bikeventura

Analysis

Bikeventura is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in September 2009, 17 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, Bikeventura reported income of $277k and spending of $247k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $277k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bikeventura 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 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Lake Dunmore Fern Lake Association ($277k), Pennsylvania Lake Management Society ($277k) and Outdoor Woodland Learners ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 56% of the total. Other salaries and wages came to $121k. At year end it held assets of $91k against liabilities of $9,073, net assets of $82k. It reported 7 employees.