Worcester Earn A Bike Inc
Only null% goes to programs Strong reserves Growing revenue
Worcester Earn A Bike Inc is a 501(c)(3) organization based in Worcester, Massachusetts, registered in 2008, with $62,242 in FY2025 revenue. CharityIndex grades it B.
4 King St, Worcester, MA, 01610 EIN 20-3185694 Since 2008
Revenue (FY2025)
$62K
▲ 32.0% vs prior year
Recreation median: $129K
Expenses (FY2025)
$54K
Net assets
$57K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Worcester Earn A Bike Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Worcester Earn A Bike Inc: 13 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Worcester Earn A Bike Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Worcester Earn A Bike Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 4 King St, Worcester, MA, 01610
- City
- Worcester
- State
- Massachusetts
- Category
- Recreation & Sports
- Subcategory
- Recreation Programs
- Website
- …
Financial trends
Revenue grew from $7,059 (FY2013) to $62K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $2,585Net assets $57K
Operating margin
12.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$60K
Total liabilities
$2,585
Net assets
$57K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $62,242▲32.0% | $54,488▲56.9% | $57,167▲15.7% | $59,752▲17.6% | 990EZ |
| 2024 | $47,165▲5.1% | $34,717▼20.5% | $49,413▲33.7% | $50,802▲33.8% | 990EZ |
| 2023 | $44,862▲74.3% | $43,655▲62.5% | $36,965▲3.4% | $37,979▲2.6% | 990EZ |
| 2022 | $25,739▼26.2% | $26,860▲50.7% | $35,758▼3.0% | $37,021▲0.4% | 990EZ |
| 2021 | $34,896▲190% | $17,823▼24.4% | $36,879▲86.2% | $36,879▲86.2% | 990EZ |
| 2020 | $12,032▼73.2% | $23,561▼12.5% | $19,806▼36.8% | $19,806▼43.3% | 990EZ |
| 2019 | $44,905▲176% | $26,914▲111% | $31,335▲135% | $34,908▲162% | 990EZ |
| 2018 | $16,285▲53.2% | $12,774▲51.7% | $13,344▲35.7% | $13,344▲35.7% | 990EZ |
| 2017 | $10,630▼5.7% | $8,420▼20.6% | $9,833▲29.0% | $9,833▲29.0% | 990EZ |
| 2016 | $11,270▲56.7% | $10,604▲37.2% | $7,623▲63.7% | $7,623▲9.6% | 990EZ |
| 2015 | $7,190▼2.2% | $7,728▲9.6% | $4,657▼10.4% | $6,957▼7.2% | 990EZ |
| 2014 | $7,352▲4.2% | $7,053▲17.4% | $5,195▲6.1% | $7,495▲4.2% | 990EZ |
| 2013 | $7,059 | $6,010 | $4,896 | $7,196 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $18K total
2 grants to Worcester Earn A Bike Inc totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | — | 2023 | $8,256 |
| Paypal Charitable Giving Fund | — | 2019 | $10,048 |
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Frequently asked questions
- Is Worcester Earn A Bike Inc a legitimate nonprofit?
- Yes. Worcester Earn A Bike Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-3185694, based in Worcester, Massachusetts. Donations are tax-deductible.
- What is Worcester Earn A Bike Inc's EIN?
- Worcester Earn A Bike Inc's Employer Identification Number (EIN) is 20-3185694.
- How much revenue does Worcester Earn A Bike Inc report?
- Worcester Earn A Bike Inc reported $62,242 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Worcester Earn A Bike Inc have?
- CharityIndex grades Worcester Earn A Bike Inc B, based on financial health (reserves and operating margin).
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Data for Worcester Earn A Bike Inc (EIN 20-3185694) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.