Bike Williamsburg

Analysis

Bike Williamsburg is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Williamsburg reported income of $125k and spending of $101k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $125k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bike Williamsburg sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Upper Laurel Fire & Ambulance Inc ($125k), North Caddo Medical Center Foundation ($125k) and Isight Connections ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $82k against liabilities of $557, net assets of $82k.