We Ride So They Fly

Analysis

We Ride So They Fly is a registered charity in United States, based in Londonderry, NH. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, We Ride So They Fly reported income of $100k and spending of $99k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $100k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, We Ride So They Fly sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within NH. Charities of a similar size with the same main cause include Armenians of Colorado Inc ($100k), Ladies Philoptochos Society of Holy Trinity Greek Orthodox Church ($100k) and Tidewater African Cultural Alliance ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.