Bicycle Colorado

Analysis

Bicycle Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2023, Bicycle Colorado reported income of $1.7m and spending of $2.1m, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.9m to $1.7m (-6.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bicycle Colorado sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Cave Canem Foundation Inc ($1.7m), Executive Leadership Institute ($1.7m) and Ann Arbor Joint Electrical Apprenticeship & Training Com ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $151k (7.2% of expenses). Other salaries and wages came to $955k. At year end it held assets of $640k against liabilities of $44k, net assets of $595k. It reported 21 employees.