88 Live to Ride Inc

Analysis

88 Live to Ride Inc is a registered charity in United States, based in E Springfield, PA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, 88 Live to Ride Inc reported income of $176k and spending of $409k, spending 232% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $222k to $176k (-21%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income rose by 123%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 88 Live to Ride Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Hatching for Health Foundation ($176k), Akhil Autism Foundation ($176k) and Pioneers Memorial Hospital Foundati on ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $840k against liabilities of $0, net assets of $840k.