Righteous Rides

Analysis

Righteous Rides is a registered charity in United States, based in Truesdale, MO. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Righteous Rides reported income of $1.4m and spending of $1.6m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Righteous Rides sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include New Life Baptist Church ($1.4m), Ave Philomena Inc ($1.4m) and Blessings Through Action Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $131k (8.3% of expenses). Other salaries and wages came to $496k. At year end it held assets of $1.9m against liabilities of $711k, net assets of $1.2m. It reported 16 employees.