100 Ride Inc

Analysis

100 Ride Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in March 2022, 4 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, 100 Ride Inc reported income of $421k and spending of $401k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $381k to $421k (+10%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 100 Ride Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include The CDM Foundation ($421k), Council 1869 Inc ($421k) and Columbia Gorge Community College Foundation ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $1,449, net assets of $54k.