Ians Ride

Analysis

Ians Ride is a registered charity in United States, based in Port Angeles, WA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ians Ride reported income of $71k and spending of $55k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $71k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ians Ride 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 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include Woodfield Area Childrens Organization ($71k), Seneca Food Pantry Inc ($71k) and Crisis Services Foundation Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.