Ride Cincinnati Foundation

Analysis

Ride Cincinnati Foundation is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover medical research, 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, Ride Cincinnati Foundation reported income of $2.2m and spending of $1.3m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $2.2m (+615%), an average of +64% a year. The sharpest change came in the year to December 2020, when income rose by 136%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ride Cincinnati Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Recovery Ventures Corporation ($2.2m), Epilepsy Foundation of Greater Southern Illinois ($2.2m) and Louisiana Center for the Blind Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $80k. At year end it held assets of $1.3m against liabilities of $1,146, net assets of $1.3m. It reported 1 employees.