Corvallis Bicycle Collective

Analysis

Corvallis Bicycle Collective is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 2011, 15 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, Corvallis Bicycle Collective reported income of $100k and spending of $87k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $99k to $100k (+0.2%), an average of +0.1% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corvallis Bicycle Collective 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 37th percentile, and in the 36th percentile within OR. Charities of a similar size with the same main cause include Santa Barbara Athletic Round Table ($100k), San Bruno Girls Softball League ($100k) and Little League Baseball Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.5% of the total. At year end it held assets of $98k against liabilities of $5,142, net assets of $93k.