Ridley College Fund USA Inc

Analysis

Ridley College Fund USA Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Ridley College Fund USA Inc reported income of $3.0m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $605k to $3.0m (+399%), an average of +50% a year. The sharpest change came in the year to June 2022, when income rose by 242%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridley College Fund USA Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Journey Schools Inc ($3.0m), Pinnacles Prep Charter School ($3.0m) and Williamsburg Christian Academy ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $7.5m against liabilities of $0, net assets of $7.5m.