Free Bikes 4 Kidz Maryland Inc

Analysis

Free Bikes 4 Kidz Maryland Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in September 2019, 7 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 June 2024, Free Bikes 4 Kidz Maryland Inc reported income of $415k and spending of $368k, spending 89% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $254k to $415k (+63%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Free Bikes 4 Kidz Maryland Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Monroeville Baseball & Softball Association ($415k), Minnesota Vortex ($415k) and Wimberley Youth Sports Association ($414k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.