Rippowam Cisqua School Inc

Analysis

Rippowam Cisqua School Inc is a registered charity in United States, based in Bedford, NY. It received its IRS tax-exemption ruling in February 1943, 83 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rippowam Cisqua School Inc reported income of $30.1m and spending of $21.1m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.5m to $30.1m (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rippowam Cisqua School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Arkansas Connections Academy Inc ($30.0m), Association of Former Students of Texas a & M University ($30.1m) and Mt Paran Christian School Inc ($30.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $1.0m (4.8% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $55.8m against liabilities of $24.6m, net assets of $31.1m. It reported 145 employees.