Ready Rides

Analysis

Ready Rides is a registered charity in United States, based in Northwood, NH. It received its IRS tax-exemption ruling in July 2014, 12 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 September 2023, Ready Rides reported income of $53k and spending of $72k, spending 135% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $68k to $53k (-22%), an average of -22% a year. The sharpest change came in the year to September 2023, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ready Rides sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within NH. Charities of a similar size with the same main cause include Lucy Yao Ohara Charitable Foundation ($53k), Made a Masterpiece Inc ($53k) and American Association of Northwest Business ($53k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.