Cincy Bike Share Inc

Analysis

Cincy Bike Share Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 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, Cincy Bike Share Inc reported income of $948k and spending of $1.1m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $948k (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cincy Bike Share Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include John Gilmore Riley Foundation Inc ($948k), Association of Departments of Family Medicine ($949k) and Expect Hope Worldwide ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $402k. At year end it held assets of $1.0m against liabilities of $21k, net assets of $986k. It reported 13 employees.