Ridin 4 a Cure

Analysis

Ridin 4 a Cure is a registered charity in United States, based in Princeton, WV. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover health care, 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, Ridin 4 a Cure reported income of $51k and spending of $38k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $93k to $51k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ridin 4 a Cure sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within WV. Charities of a similar size with the same main cause include North Valley Health Education FNDN ($51k), Manitos Inc ($51k) and Paths Straight Recovery ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.