Florida Bicycle Association Inc

Analysis

Florida Bicycle Association Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Florida Bicycle Association Inc reported income of $113k and spending of $148k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $113k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Bicycle Association Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include House of Transformation ($113k), Nutrition Forever ($113k) and Community Connection of Sauk Centre ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. At year end it held assets of $49k against liabilities of $3,135, net assets of $46k.