Rip City Riders

Analysis

Rip City Riders is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rip City Riders reported income of $84k and spending of $127k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $84k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 948%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rip City Riders sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Athletes for a Better World Inc ($84k), American Malacological Society ($84k) and Dante Foundation of Nassau County Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 128% and program service revenue 42% of the total. At year end it held assets of $849k against liabilities of $286k, net assets of $564k.