D R I V E One

Analysis

D R I V E One is a registered charity in United States, based in Ray, MI. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, D R I V E One reported income of $87k and spending of $79k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $87k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, D R I V E One sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Ronald Regan High School Band Booster Club ($87k), Union Cheer Booster Club Inc ($87k) and Northern Wayne Community Library ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $59k, net assets of -$12k.