Earn a Bikeorg

Analysis

Earn a Bikeorg is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Earn a Bikeorg reported income of $232k and spending of $149k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $85k to $232k (+173%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Earn a Bikeorg sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Villages Baseball Association Inc ($232k), Girls on the Run of Northwest Ohio ($233k) and Parks Place Community Center Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $71k (48% of expenses). Other salaries and wages came to $2,809. It paid $1,800 in professional fundraising fees. At year end it held assets of $161k against liabilities of $184, net assets of $161k.