Pedal the Cause

Analysis

Pedal the Cause is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pedal the Cause reported income of $7.1m and spending of $7.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $7.1m (+9.0%), an average of +2.2% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pedal the Cause sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Home Ownership for Personal Empowerment Inc ($7.1m), Proyecto Pastoral ($7.1m) and Pathfinders Milwaukee Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Other salaries and wages came to $547k. At year end it held assets of $1.5m against liabilities of $239k, net assets of $1.2m. It reported 9 employees.