Valley Crest Riders Inc

Analysis

Valley Crest Riders Inc is a registered charity in United States, based in Rushford, MN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Valley Crest Riders Inc reported income of $69k and spending of $47k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $126k to $69k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley Crest Riders Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Bethlehem Basketball Club Inc ($69k), Next Level Expereince ($69k) and Wyandotte County Parks Foundation ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $144k against liabilities of $33k, net assets of $111k.