Bike Miami Valley Ohio

Analysis

Bike Miami Valley Ohio is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in May 1979, 47 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 Miami Valley Ohio reported income of $275k and spending of $493k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $275k (+128%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 265%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bike Miami Valley Ohio sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Westlake Youth Basketball Association ($275k), Little Traverse Sailors ($275k) and No Excuses Unlimited ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $90k (18% of expenses). Other salaries and wages came to $127k. At year end it held assets of $592k against liabilities of $27k, net assets of $564k. It reported 6 employees.