Riding High Ministries Inc

Analysis

Riding High Ministries Inc is a registered charity in United States, based in Shelley, ID. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Riding High Ministries Inc reported income of $604k and spending of $573k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $604k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Riding High Ministries Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within ID. Charities of a similar size with the same main cause include Texas Impact Education Fund ($603k), Charuhas Foundation Inc ($604k) and Community Ministries International ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (21% of expenses). Other salaries and wages came to $161k. At year end it held assets of $187k against liabilities of $7,678, net assets of $179k. It reported 3 employees.