Bay Area Bike Project Inc

Analysis

Bay Area Bike Project Inc is a registered charity in United States, based in Pleasant Hill, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 November 2023, Bay Area Bike Project Inc reported income of $458k and spending of $292k, leaving 36% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $93k to $458k (+393%), an average of +393% a year. The sharpest change came in the year to November 2023, when income rose by 393%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Area Bike Project Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Sun Community Service ($458k), Chesapeake and Ohio Historical Society Inc ($458k) and National Football Foundation and College Hall of Fame Inc ($458k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $25k (8.6% of expenses). At year end it held assets of $194k against liabilities of $0, net assets of $194k.