Bikes for Tykes Inc

Analysis

Bikes for Tykes Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Bikes for Tykes Inc reported income of $113k and spending of $30k, leaving 73% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $73k to $113k (+55%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bikes for Tykes Inc sits at the 45th percentile: it is larger than about 45% 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 LA Frontera Conservation Fund ($113k), Naiop Foundation of Washington ($113k) and Houston Pi Beta Phi Foundation ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.