Bike Pittsburgh Inc

Analysis

Bike Pittsburgh Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Pittsburgh Inc reported income of $1.1m and spending of $1.5m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-4.1%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bike Pittsburgh Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Comfortcare Womens Health ($1.1m) and Evergreen Manor Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $141k (9.6% of expenses). Other salaries and wages came to $578k. At year end it held assets of $1.2m against liabilities of $198k, net assets of $983k. It reported 28 employees.