Classic Auto Rides Inc

Analysis

Classic Auto Rides Inc is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Classic Auto Rides Inc reported income of $321k and spending of $308k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $223k to $321k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Classic Auto Rides Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include North Atlantic Figure Skating Club ($321k), Westlake Youth Athletic Organization Inc ($322k) and Delran Athletic Association ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.