Bike Share KC

Analysis

Bike Share KC is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Share KC reported income of $739k and spending of $553k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $739k (+189%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 4507%. 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 Share KC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Guidelight Inc ($739k), Siouxland Tanzania Educational Medical Ministries ($739k) and Quakertown Food Pantry ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $271k. At year end it held assets of $675k against liabilities of $217k, net assets of $459k.