Gold Ribbon Riders Inc

Analysis

Gold Ribbon Riders Inc is a registered charity in United States, based in Muttontown, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Gold Ribbon Riders Inc reported income of $164k and spending of $117k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $164k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 292%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gold Ribbon Riders Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Cure Ahc Foundation ($164k), Pine Bush Area Ambulance Corps ($164k) and Swing Strong Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.