Boston Cyclists Union

Analysis

Boston Cyclists Union is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2011, 15 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 (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, Boston Cyclists Union reported income of $541k and spending of $590k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $541k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 93% 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, Boston Cyclists Union sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Annandale Volunteer Fire Department Incorporated ($541k), Cape Fear Rural Fire Department Inc ($542k) and Beach Haven Volunteer Fire Co ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $109k (19% of expenses). Other salaries and wages came to $240k. At year end it held assets of $480k against liabilities of $85k, net assets of $396k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.