Passes our checks

Velocipede Bike Project

EIN 76-0813009 · Baltimore, MD

Public records show a registered, tax-exempt organization in good standing.

What it says it does

See page 1, Part I, line 1.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 85 out of 100. Higher than 64% of charities in its peer group (recreation and sports, under $250k).

Reserves
35 of 35
Spendable reserves would cover 28.9 months of spending.
Debt
20 of 20
It owes 3% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 30% of income.
Income trend
15 of 15
Income rose 18% on the year before.
Spending floor
0 of 15
44% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 72 out of 100. Higher than 79% of charities in its peer group (recreation and sports, under $250k).

Independent board
18 of 25
3 of 4 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$34,212 spent. Velocipede Bike Project, Inc. (VBPI) conducts one program, Community Bike Shop. For the program's Open Shop, patrons, for a small fee, maintain and repair their bicycles with assistance from volunteer mechanics. They can use our professional tools, and purchase new consumables and donated parts at low prices. During FY2024, VBPI served 816 patrons (not duplicated) in Open Shop sessions. In the shop, volunteers overhaul and safety-check donated bicycles for sale. Over 120 in-kind donations of bicycles, components and accessories were received in the shop, and VBPI received 313 donated bicycles, successfully diverting many from the waste stream. Volunteers repaired and sold 51 donated bicycles. VBPI volunteers teach classes in bicycle maintenance and repair; 48 people took classes. Through our Bike Aid activity, added last FY, we refurbished and donated five bicycles to people with limited means.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.