Free Bikes 4 Kidz of Atlanta Co

Analysis

Free Bikes 4 Kidz of Atlanta Co is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Free Bikes 4 Kidz of Atlanta Co reported income of $109k and spending of $66k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $113k to $109k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free Bikes 4 Kidz of Atlanta Co sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Homemore Project Inc ($109k), United Way of North Central Arkansas ($109k) and Infinite Hope ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $20k, net assets of $52k.