Bicycle Cooperative of Fort Collins Inc
Analysis
Bicycle Cooperative of Fort Collins Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bicycle Cooperative of Fort Collins Inc reported income of $155k and spending of $175k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $155k (+8.1%), an average of +2.0% a year. Over the whole period it spent 95% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bicycle Cooperative of Fort Collins Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Neighborhood Markets Incorporated ($155k), Colorado Association of Snowmobile Clubs Inc ($155k) and New Partners Community Solar Corp ($155k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $84k. At year end it held assets of $861k against liabilities of $410k, net assets of $452k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Other 88%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Neighborhood Markets Incorporated | Greensboro | $155k |
| Colorado Association of Snowmobile Clubs Inc | Hartsel | $155k |
| New Partners Community Solar Corp | Washington | $155k |
| Centro Nazareno de Compasion Agape Inc | Anoka | $155k |