Rip City Incorporated

Analysis

Rip City Incorporated is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Rip City Incorporated reported income of $117k and spending of $120k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $555k to $117k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 27% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rip City Incorporated sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Girls on the Run of Northeasttennessee Inc ($117k), Ms Volleyball Inc ($117k) and Chinese Youth Club Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $612k against liabilities of $0, net assets of $612k.