Bike 4 Life NFP

Analysis

Bike 4 Life NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 4 Life NFP reported income of $136k and spending of $107k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $136k (+1.2%), an average of +1.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bike 4 Life NFP sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Breast Cancer Network of Wny Inc ($136k), Society for Participatory Medicine ($136k) and Larry Labonte Recovery Center ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49k against liabilities of $103k, net assets of -$54k.