Bike Delaware

Analysis

Bike Delaware is a registered charity in United States, based in New Castle, DE. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Delaware reported income of $96k and spending of $82k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $96k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bike Delaware sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within DE. Charities of a similar size with the same main cause include Held by Him ($96k), Virginia Congress of Parents and Teachers ($96k) and Care Center Foundation Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $44k (54% of expenses). At year end it held assets of $236k against liabilities of $0, net assets of $236k.