Ride with Pride Inc

Analysis

Ride with Pride Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in June 1991, 35 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 December 2023, Ride with Pride Inc reported income of $119k and spending of $121k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $119k (+8.9%), an average of +8.9% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ride with Pride Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Salolampi Foundation ($119k), East Central Youth Sports Association ($119k) and Tom Hatcher Charity ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 26% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.