Greater Ridgewood Youth Council Inc

Analysis

Greater Ridgewood Youth Council Inc is a registered charity in United States, based in Ridgewood, NY. It received its IRS tax-exemption ruling in July 1981, 45 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 June 2023, Greater Ridgewood Youth Council Inc reported income of $14.7m and spending of $15.1m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.7m to $14.7m (+38%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Ridgewood Youth Council Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Chinese Information and Service ($14.7m), Open Arms of Minnesota Inc ($14.7m) and Gulf Regional Early Childhood Services Inc ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $907k (6.0% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $6.0m against liabilities of $2.8m, net assets of $3.2m. It reported 844 employees.