R I T E S Inc is a 501(c)(3) organization based in Sunset, Utah, registered in 2002, with $458,948 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$459K
▼ 58.4% vs prior year
Employment median: $367K
Expenses (FY2024)
$503K
Net assets
$9,541
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for R I T E S Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For R I T E S Inc: 0 mo reserves · -10% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for R I T E S Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For R I T E S Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.5M (FY2014) to $459K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-9.6%
Spent more than it raised in the latest fiscal year.
Total assets
$9,541
Total liabilities
$0
Net assets
$9,541
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $458,948▼58.4% | $503,077▼53.2% | $9,541▼82.2% | $9,541▼84.3% | 990 |
| 2023 | $1,104,492▲24.3% | $1,074,904▼2.4% | $53,670▲123% | $60,729▲152% | 990 |
| 2022 | $888,677▼8.7% | $1,101,457 | $24,081▼89.7% | $24,081▼89.7% | 990 |
| 2021 | $973,787▲4.2% | $1,101,148▲26.8% | $233,862▼35.8% | $233,902▼36.1% | 990 |
| 2020 | $934,239▲34.4% | $868,412▲17.6% | $364,222▲22.1% | $366,255▲20.4% | 990 |
| 2019 | $694,932▼1.9% | $738,309▲10.6% | $298,395▼12.7% | $304,219▼12.6% | 990 |
| 2018 | $708,089▼4.2% | $667,566▼15.9% | $341,776▲13.1% | $348,274▲11.4% | 990 |
| 2017 | $739,041▼69.3% | $793,905▼64.7% | $302,255▼15.4% | $312,588▼31.2% | 990 |
| 2016 | $2,409,480▲23.7% | $2,249,011▲15.9% | $357,120▲81.6% | $454,305▲60.3% | 990 |
| 2015 | $1,948,523▲29.3% | $1,940,556▲31.1% | $196,651▲4.2% | $283,460▲13.7% | 990 |
| 2014 | $1,506,690 | $1,480,436 | $188,684 | $249,384 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for R I T E S Inc (EIN 04-3633669) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.