Onbikes Inc

Analysis

Onbikes Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Onbikes Inc reported income of $706k and spending of $651k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $774k to $706k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Onbikes Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Boys & Girls Club of Sweetwater County ($705k), Animal Protection Center of Southeastern Massachusetts Inc ($707k) and Reach 907 ($705k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 24% of the total. Other salaries and wages came to $156k. At year end it held assets of $154k against liabilities of $35k, net assets of $119k. It reported 2 employees.