Bike Walk KC

Analysis

Bike Walk KC is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Walk KC reported income of $1.2m and spending of $1.4m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bike Walk KC sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Loving Grace Ministries Inc ($1.2m), Living Proof Ministries Inc ($1.2m) and Lehrhaus Center for Jewish Life and Learning Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $119k (8.5% of expenses). Other salaries and wages came to $566k. At year end it held assets of $881k against liabilities of $538k, net assets of $343k. It reported 39 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.