Milwaukee Community Bicycle Project Inc

Analysis

Milwaukee Community Bicycle Project Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 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 January 2024, Milwaukee Community Bicycle Project Inc reported income of $108k and spending of $75k, leaving 31% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $101k to $108k (+7.0%), an average of +7.0% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Milwaukee Community Bicycle Project Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Fairfield Community Center Inc ($108k), Be Encouraged Inc ($108k) and Seasons Village Inc ($108k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $336k against liabilities of $175k, net assets of $161k.