World Ride

Analysis

World Ride is a registered charity in United States, based in Moab, UT. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, World Ride reported income of $183k and spending of $192k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $183k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, World Ride sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within UT. Charities of a similar size with the same main cause include Hillsborough Youth Athletic Association Inc ($182k), Team Buddy Buckets ($183k) and Us-China Cultural Development Center ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $47k against liabilities of $4,768, net assets of $42k.