Rippleffect Inc

Analysis

Rippleffect Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 March 2023, Rippleffect Inc reported income of $1.4m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.0m to $1.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to March 2023, when income rose by 67%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rippleffect Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include Houston Coalition for Life ($1.4m), Lock Haven Emergency Medical Services ($1.4m) and Recoveryworks ($1.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $100k (7.1% of expenses). Other salaries and wages came to $657k. At year end it held assets of $2.1m against liabilities of $538k, net assets of $1.6m. It reported 54 employees.