Bike Union Mentoring Project

Analysis

Bike Union Mentoring Project is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Union Mentoring Project reported income of $618k and spending of $701k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $618k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 108% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bike Union Mentoring Project sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include Horizons New York City ($618k), Lifes Potential Services Inc ($619k) and Student Impact Initiative ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $376k. At year end it held assets of $60k against liabilities of $9,555, net assets of $50k. It reported 20 employees.