Gold Star Ride Foundation

Analysis

Gold Star Ride Foundation is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Gold Star Ride Foundation reported income of $153k and spending of $153k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $84k to $153k (+81%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gold Star Ride Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($152k), Volunteers of America Inc ($153k) and Amwell Valley Ambulance Corps ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.