Transportation Riders United Inc

Analysis

Transportation Riders United Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Transportation Riders United Inc reported income of $237k and spending of $284k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $237k (+125%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transportation Riders United Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include National Society of the Daughters of the American Revolution ($237k), Heuvelton Development Corporation ($237k) and Realslow Recovery LLC ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (27% of expenses). Other salaries and wages came to $126k. At year end it held assets of $104k against liabilities of $18k, net assets of $85k. It reported 9 employees.