Bikehouston Inc

Analysis

Bikehouston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Bikehouston Inc reported income of $574k and spending of $312k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $344k to $574k (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 315%. Over the whole period it spent 76% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Bikehouston Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include The Mt Gretna Community Volunteer Fire Co ($573k), Mount Hermon Volunteer Fire & ($574k) and Rockfish Fire Department Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $144k (46% of expenses). Other salaries and wages came to $45k. It paid $495 in professional fundraising fees. At year end it held assets of $856k against liabilities of $65k, net assets of $791k. It reported 3 employees.