Nicks Ride 4 Friends Inc

Analysis

Nicks Ride 4 Friends Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nicks Ride 4 Friends Inc reported income of $634k and spending of $665k, spending 105% of its income. Across the 5 years on record, from January 2020 to December 2023, income grew from $202k to $634k (+214%), an average of +33% a year. The sharpest change came in the year to January 2021, when income rose by 291%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nicks Ride 4 Friends Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Prairie Historical Society ($634k), Puppet Showplace Inc ($634k) and Wichita Childrens Theatre Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $330k. At year end it held assets of $1.9m against liabilities of $326k, net assets of $1.6m. It reported 9 employees.