Ride Safe Foundation of Bergen Inc

Analysis

Ride Safe Foundation of Bergen Inc is a registered charity in United States, based in Rochelle Park, NJ. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ride Safe Foundation of Bergen Inc reported income of $89k and spending of $138k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $108k to $89k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 126% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Ride Safe Foundation of Bergen Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Louis J Acompora Memorial Foundation ($89k), Southeast Regional Lepc ($89k) and Red Rock Volunteer Fire Company Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $13k against liabilities of $227k, net assets of -$214k.

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.