Back Alley Bikes

Analysis

Back Alley Bikes is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Back Alley Bikes reported income of $102k and spending of $88k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $135k to $102k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Back Alley Bikes sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Multicultural Family Center ($102k), Alwalayah Organization Inc ($102k) and Broomfield Lacrosse Club Rattlers ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 44% of the total. Other salaries and wages came to $32k. At year end it held assets of $163k against liabilities of $0, net assets of $163k.