Dannys Ride

Analysis

Dannys Ride is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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 October 2023, Dannys Ride reported income of $436k and spending of $116k, leaving 73% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $91k to $436k (+380%), an average of +380% a year. The sharpest change came in the year to October 2023, when income rose by 380%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dannys 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 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Montana Stockgrowers Foundation ($436k), US Swimming Inc ($436k) and Sunbury Farm ($436k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. It paid $5,000 in professional fundraising fees. At year end it held assets of $415k against liabilities of $2,084, net assets of $413k.