Bike Walk Nebraska

Analysis

Bike Walk Nebraska is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Nebraska reported income of $274k and spending of $235k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $431k to $274k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bike Walk Nebraska sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Cbp3 Inc ($274k), Little League Baseball Inc ($274k) and Team Vortex Swim Club ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $80k (34% of expenses). Other salaries and wages came to $66k. At year end it held assets of $463k against liabilities of $0, net assets of $463k. It reported 4 employees.