Rides 4 Refugees Inc

Analysis

Rides 4 Refugees Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rides 4 Refugees Inc reported income of $111k and spending of $59k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,795 to $111k (+1164%), an average of +1164% a year. The sharpest change came in the year to December 2023, when income rose by 1164%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rides 4 Refugees Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul Nativity Conference Inc ($111k), Turkish Community of Cleveland ($111k) and Society of Saint Vincent de Paul Sacred Heart Conference ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 5.0% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.