Bike Index NFP

Analysis

Bike Index NFP is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bike Index NFP reported income of $154k and spending of $134k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $150k to $154k (+2.4%), an average of +1.2% a year. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bike Index NFP sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Sugar Creek Swim Club ($154k), Georgia Student Hockey League ($154k) and Deep Creek Baseball Association Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.