Riders Alliance Fund Inc

Analysis

Riders Alliance Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Riders Alliance Fund Inc reported income of $2.2m and spending of $1.6m, leaving 26% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.8m to $2.2m (+21%), an average of +6.7% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Riders Alliance Fund Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Friends of the Legal Services Corporation ($2.2m), The California Conference for Equality and Justice Inc ($2.2m) and Casa of West Texas ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $141k (8.6% of expenses). Other salaries and wages came to $755k. It paid $36k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $427k, net assets of $1.8m. It reported 20 employees.