Riding Unlimited Inc

Analysis

Riding Unlimited Inc is a registered charity in United States, based in Ponder, TX. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riding Unlimited Inc reported income of $94k and spending of $218k, spending 232% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $94k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 263%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riding Unlimited Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Aaron Meals ($94k), Women Worldwide-West Coast Inc ($94k) and Mountain Parks Electric Charitable Trust ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 45% of the total. Other salaries and wages came to $96k. At year end it held assets of $508k against liabilities of $97k, net assets of $410k. It reported 12 employees.