Ride4life Ministries Inc

Analysis

Ride4life Ministries Inc is a registered charity in United States, based in Rootstown, OH. It received its IRS tax-exemption ruling in June 2012, 14 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, Ride4life Ministries Inc reported income of $66k and spending of $62k, spending 93% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $123k to $66k (-46%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ride4life Ministries Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Dds4vets Inc ($66k), Westside Food Brigade ($66k) and Cold Water International Inc ($66k).

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 $78k against liabilities of $0, net assets of $78k.