Bike Walk Tennessee

Analysis

Bike Walk Tennessee is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Walk Tennessee reported income of $232k and spending of $169k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $232k (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bike Walk Tennessee sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Satellite Beach Soccer Club Inc ($232k), Zenith West Foundation ($232k) and Ojai Valley Tennis Club Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $36k (21% of expenses). Other salaries and wages came to $77k. At year end it held assets of $207k against liabilities of $2,385, net assets of $205k. It reported 3 employees.