Ramapo for Children Inc

Analysis

Ramapo for Children Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1950, 76 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Ramapo for Children Inc reported income of $8.7m and spending of $11.1m, spending 127% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $9.6m to $8.7m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to October 2021, when income rose by 46%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ramapo for Children Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Carolinas Golf Association ($8.7m), Neighborhood Alliance ($8.8m) and Move United ($8.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 37% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $500k (4.5% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $10.3m against liabilities of $3.5m, net assets of $6.8m. It reported 347 employees.