RT 66 Street Drags

Analysis

RT 66 Street Drags is a registered charity in United States, based in Kingman, AZ. It received its IRS tax-exemption ruling in April 2019, 7 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 2021, RT 66 Street Drags reported income of $382k and spending of $357k, spending 93% of its income. Across the 2 years on record, from December 2019 to December 2021, income grew from $287k to $382k (+33%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, RT 66 Street Drags sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include St Vincent Depaul Society of Kiel ($382k), Gods Open Door to Eternal Life ($382k) and Burnett County Family Resource Center Inc ($382k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.