Bike Saviours Cooperative Inc

Analysis

Bike Saviours Cooperative Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bike Saviours Cooperative Inc reported income of $148k and spending of $150k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $148k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bike Saviours Cooperative Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Garrison Area Resource Center & Food Pantry ($148k), Believers United for Progress ($148k) and Smelter City Family Development Center ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 41% of the total. At year end it held assets of $64k against liabilities of $1,243, net assets of $62k.