Front Yard Bikes

Analysis

Front Yard Bikes is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Front Yard Bikes reported income of $739k and spending of $663k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $221k to $739k (+234%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Front Yard Bikes sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Congers Volunteer Ambulance Corps Inc ($739k), Child Development Council of Adams County ($739k) and Ridgefield Conservatory of Dance Inc ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $60k (9.1% of expenses). Other salaries and wages came to $200k. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $446k. It reported 13 employees.