Open Roads Bike Program

Analysis

Open Roads Bike Program is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Open Roads Bike Program reported income of $217k and spending of $274k, spending 127% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $217k (+5.7%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Open Roads Bike Program sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Somerville Youth Hockey Association Inc ($217k), Louisiana 4-H Foundation ($217k) and Berkeley Heights Youth Soccer Club Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $50k (18% of expenses). Other salaries and wages came to $93k. At year end it held assets of $150k against liabilities of $16k, net assets of $134k. It reported 17 employees.