Social Service Association of Ridgewood and Vicinity

Analysis

Social Service Association of Ridgewood and Vicinity is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in May 1944, 82 years ago. 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, Social Service Association of Ridgewood and Vicinity reported income of $303k and spending of $340k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $303k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Social Service Association of Ridgewood and Vicinity sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Regen Foundation ($303k), Vietnamese Buddhist Association ($303k) and Medical Staff ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Other salaries and wages came to $81k. At year end it held assets of $495k against liabilities of $45k, net assets of $450k. It reported 5 employees.