Ride to Fly

Analysis

Ride to Fly is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 June 2024, Ride to Fly reported income of $191k and spending of $163k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $173k to $191k (+11%), an average of +11% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ride to Fly sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include The District of Columbia Breastfeeding Coalition Inc ($191k), Our Place of Hope ($191k) and New Beginnings Centers of Hope Inc ($191k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 13% of the total. At year end it held assets of $52k against liabilities of $121k, net assets of -$69k.