Handi Riders Inc

Analysis

Handi Riders Inc is a registered charity in United States, based in Baltic, SD. It received its IRS tax-exemption ruling in April 1985, 41 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, Handi Riders Inc reported income of $221k and spending of $270k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $221k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Handi Riders Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within SD. Charities of a similar size with the same main cause include Az Omega Booster Club ($221k), Coastal Maine Aquatics ($221k) and Delaware County Futbol Club Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $64k (24% of expenses). Other salaries and wages came to $75k. At year end it held assets of $123k against liabilities of $19k, net assets of $104k. It reported 7 employees.