Tulsa Bike Share Inc

Analysis

Tulsa Bike Share Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Tulsa Bike Share Inc reported income of $339k and spending of $501k, spending 148% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $407k to $339k (-17%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 116% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Tulsa Bike Share Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Craters of the Moon Natural History Association Inc ($339k), Izaak Walton League of America Inc ($339k) and Friends of Reinstein Nature Preserve Inc ($338k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $74k (15% of expenses). Other salaries and wages came to $171k. At year end it held assets of $464k against liabilities of $31k, net assets of $434k. It reported 6 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.