Riddle Healthcare Foundation

Analysis

Riddle Healthcare Foundation is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in June 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Riddle Healthcare Foundation reported income of $8.6m and spending of $7.1m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $8.6m (+204%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riddle Healthcare Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include South Texas Rural Health Services Inc ($8.6m), Henry Ford Southeast Michigan Community Health ($8.6m) and Calvert City Convalescent Center Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $66.9m against liabilities of $615k, net assets of $66.3m.