Sierras Race Against Meningitis Inc

Analysis

Sierras Race Against Meningitis Inc is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Sierras Race Against Meningitis Inc reported income of $73k and spending of $56k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $73k (+6.5%), an average of +6.5% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sierras Race Against Meningitis Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within CO. Charities of a similar size with the same main cause include Dragon Dream Team ($73k), Fellowship Hall Inc ($73k) and Hospital Central Services Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.