Bicycle Federation of Wisconsin Educational Foundation Inc

Analysis

Bicycle Federation of Wisconsin Educational Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Bicycle Federation of Wisconsin Educational Foundation Inc reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $928k to $1.3m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bicycle Federation of Wisconsin Educational Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Greater Pittsburgh Office of Promotion ($1.3m), Tabernacle Community Development ($1.3m) and Bside Fund ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $99k (8.1% of expenses). Other salaries and wages came to $647k. At year end it held assets of $847k against liabilities of $152k, net assets of $694k. It reported 31 employees.