Silver Trail Riders

Analysis

Silver Trail Riders is a registered charity in United States, based in Silver Bay, MN. It received its IRS tax-exemption ruling in August 2023, 3 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, Silver Trail Riders reported income of $189k and spending of $140k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $189k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Silver Trail Riders sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Road Runners Club of America ($189k), Peachtree Curling Association ($189k) and Boston Explorers Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.