Pedal Project

Analysis

Pedal Project is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Pedal Project reported income of $74k and spending of $63k, spending 85% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $82k to $74k (-9.4%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Pedal Project sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Carmel River Watershed Conservancy ($74k), Native Plant Society of Oregon ($75k) and Preservation of the Res Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.