Young Riders Inc

Analysis

Young Riders Inc is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Young Riders Inc reported income of $110k and spending of $105k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $110k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Riders Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within UT. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($110k), Kidnuz ($111k) and Lets Grow Steamx Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.