Free Bikes 4 Kidz Omaha

Analysis

Free Bikes 4 Kidz Omaha is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 2022, 4 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, Free Bikes 4 Kidz Omaha reported income of $107k and spending of $104k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $107k (+12%), an average of +12% a year. Over the whole period it spent 91% 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 Omaha sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NE. Charities of a similar size with the same main cause include High Lakes Outdoor Alliance ($107k), United States Bowling Congress Inc ($107k) and Norcal Lawmen Football Organization ($107k).

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 $18k against liabilities of $0, net assets of $18k.