Boise Bicycle Project Inc

Analysis

Boise Bicycle Project Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in May 2009, 17 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, Boise Bicycle Project Inc reported income of $942k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $571k to $942k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boise Bicycle Project Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within ID. Charities of a similar size with the same main cause include Meadowlark Hills Foundation ($941k), Loblolly Community Foundation Inc ($943k) and Servants Inc ($941k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $97k (9.1% of expenses). Other salaries and wages came to $639k. At year end it held assets of $1.0m against liabilities of $106k, net assets of $904k. It reported 25 employees.