Village Bicycle Project Inc

Analysis

Village Bicycle Project Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2009, 17 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, Village Bicycle Project Inc reported income of $121k and spending of $122k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $79k to $121k (+54%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village Bicycle Project Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within WA. Charities of a similar size with the same main cause include Journeyman International ($121k), Texas Horsemens Assistance Fund Inc ($122k) and Run 5 Feed 5 ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.