Riddicks Ride Foundation

Analysis

Riddicks Ride Foundation is a registered charity in United States, based in Island Lake, IL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Riddicks Ride Foundation reported income of $89k and spending of $91k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $89k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riddicks Ride Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Riverdale Ambulance Service ($89k), Pregnancy Care Center Inc ($89k) and Purpose Projects Ny Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.