New Kingdom Trailriders

Analysis

New Kingdom Trailriders is a registered charity in United States, based in Sherrard, IL. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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, New Kingdom Trailriders reported income of $364k and spending of $275k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $420k to $364k (-13%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Kingdom Trailriders sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Dismas Ministry ($364k), Seniors Foundation ($364k) and Newburgh Sea Creatures ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $54k (20% of expenses). Other salaries and wages came to $90k. At year end it held assets of $609k against liabilities of $36k, net assets of $574k. It reported 6 employees.