Red River Valley Motorcyclists

Analysis

Red River Valley Motorcyclists is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Red River Valley Motorcyclists reported income of $124k and spending of $113k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $124k (+175%), an average of +175% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Red River Valley Motorcyclists sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 34th percentile within ND. Charities of a similar size with the same main cause include Camas Washougal Community Chest ($124k), Nachal Avraham ($124k) and Cabarrus County Education Foundation Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.