Ready Set Ride Therapeutic Recreation Facility

Analysis

Ready Set Ride Therapeutic Recreation Facility is a registered charity in United States, based in Plainfield, IL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ready Set Ride Therapeutic Recreation Facility reported income of $203k and spending of $194k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $376k to $203k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ready Set Ride Therapeutic Recreation Facility sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Helping Hands of Trigg County Inc ($203k), Coaches of Influence ($203k) and Inside Out ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 53% of the total. At year end it held assets of $345k against liabilities of $22k, net assets of $323k.