Discovery Riders Inc

Analysis

Discovery Riders Inc is a registered charity in United States, based in Bellefontaine, OH. It received its IRS tax-exemption ruling in May 2000, 26 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, Discovery Riders Inc reported income of $219k and spending of $193k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $219k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Discovery Riders Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Joys Gymnastics ($219k), Midnight Sun Swim Team Inc ($219k) and Morton County Fair Association ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $50k (26% of expenses). Other salaries and wages came to $70k. At year end it held assets of $209k against liabilities of $8,455, net assets of $200k. It reported 7 employees.