Riddle Health Care Services

Analysis

Riddle Health Care Services is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Riddle Health Care Services reported income of $3.1m and spending of $5.0m, spending 159% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.1m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 160% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riddle Health Care Services sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Youngstown Committee on Alcoholism Inc ($3.1m), Parkway Health Center Inc ($3.1m) and Park View Haven ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $356k (7.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $882k against liabilities of $644k, net assets of $238k. It reported 65 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.