Ridin High Inc

Analysis

Ridin High Inc is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ridin High Inc reported income of $232k and spending of $206k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $232k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ridin High Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include United Way of Chester County Inc ($232k), Everyday Sunshine ($232k) and Boundary County Youth Crisis and Domestic Violence Hotline ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $88k (43% of expenses). At year end it held assets of $780k against liabilities of $2,171, net assets of $778k. It reported 2 employees.