Charitable Adult Rides & Services Inc

Analysis

Charitable Adult Rides & Services Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Charitable Adult Rides & Services Inc reported income of $17.9m and spending of $18.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.9m to $17.9m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charitable Adult Rides & Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Community Council of Greater Dallas ($17.9m), Quad-Area Community Action Agency Inc ($17.9m) and Star View Children and Family Services Inc ($17.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $956k (5.2% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $10.2m against liabilities of $5.0m, net assets of $5.3m. It reported 132 employees.