Metro Bicycle Coalition of New Orleans

Analysis

Metro Bicycle Coalition of New Orleans is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Metro Bicycle Coalition of New Orleans reported income of $187k and spending of $200k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $187k (-59%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Metro Bicycle Coalition of New Orleans sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Tiger Point Park Board Inc ($187k), FB Community Land Trust Inc ($187k) and Forest Hills Security Program ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $125k against liabilities of $822, net assets of $124k.