Ride 2 Recovery

Analysis

Ride 2 Recovery is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2005, 21 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, Ride 2 Recovery reported income of $651k and spending of $726k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $381k to $651k (+71%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ride 2 Recovery sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Disabled Outdoorsmen USA Inc ($650k), Hemlock Lake Union Agricultural Society ($651k) and Spring Creek Recreational Fund ($650k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $124k (17% of expenses). Other salaries and wages came to $149k. At year end it held assets of $228k against liabilities of $0, net assets of $228k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.