Skyride Unlimited Incorporated

Analysis

Skyride Unlimited Incorporated is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Skyride Unlimited Incorporated reported income of $1.1m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $946k to $1.1m (+12%), an average of +2.8% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Skyride Unlimited Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Atlanta Contemporary Art Center Inc ($1.1m), Bay State Performing Arts Inc ($1.1m) and Cape Cod Community Television Corp ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $196k (19% of expenses). Other salaries and wages came to $278k. At year end it held assets of $631k against liabilities of $0, net assets of $631k. It reported 10 employees.