Ohio City Bicycle Coop Inc

Analysis

Ohio City Bicycle Coop Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio City Bicycle Coop Inc reported income of $224k and spending of $215k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $224k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ohio City Bicycle Coop Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Clarkston Family Discovery Farm ($224k), Jennings County Youth Foundation Inc ($224k) and Pineville Community Athletic Association ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $31k (14% of expenses). Other salaries and wages came to $87k. At year end it held assets of $133k against liabilities of $883, net assets of $132k. It reported 7 employees.