The Pedal Factory

Analysis

The Pedal Factory is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, The Pedal Factory reported income of $76k and spending of $73k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $76k (-23%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Pedal Factory sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Smith Gilbert Gardens Foundation Inc ($76k), Akron Community Farms ($76k) and Tulare Basin Wetlands Association ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.