James W and Carolyn O Ritchie Supporting Organization

Analysis

James W and Carolyn O Ritchie Supporting Organization is a registered charity in United States, based in Heber, UT. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, James W and Carolyn O Ritchie Supporting Organization reported income of $140k and spending of $167k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $19k to $140k (+633%), an average of +64% a year. The sharpest change came in the year to December 2021, when income rose by 568%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, James W and Carolyn O Ritchie Supporting Organization sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within UT. Charities of a similar size with the same main cause include Simchas Zvi Inc ($140k), Flume Foundation ($140k) and Achieve More Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $897k against liabilities of $131, net assets of $897k.