Pelotonia

Analysis

Pelotonia is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pelotonia reported income of $34.7m and spending of $33.8m, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $14.6m to $34.7m (+138%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pelotonia sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Theodore Roosevelt Presidential Library Foundation ($34.7m), Southern California Institute of Architecture ($34.7m) and Clayton Valley Charter High School ($34.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $2.3m (6.9% of expenses). Other salaries and wages came to $491k. At year end it held assets of $33.5m against liabilities of $13.4m, net assets of $20.1m. It reported 27 employees.