Pony Express Riders of Iowa

Analysis

Pony Express Riders of Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 May 2023, Pony Express Riders of Iowa reported income of $191k and spending of $82k, leaving 57% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $227k to $191k (-16%), an average of -4.2% a year. The sharpest change came in the year to May 2020, when income dropped by 48%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pony Express Riders of Iowa sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include Nutt Hospital Association ($191k), PTA California Congress of Parents Teachers & Students Inc ($191k) and Chetopa Housing Inc ($191k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.9% of the total. Other salaries and wages came to $57k. At year end it held assets of $224k against liabilities of $0, net assets of $224k. It reported 1 employees.