Ridgewood Ave Home & School Association Inc

Analysis

Ridgewood Ave Home & School Association Inc is a registered charity in United States, based in Glen Ridge, NJ. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Ridgewood Ave Home & School Association Inc reported income of $98k and spending of $72k, leaving 27% of income unspent that year. Across the 3 years on record, from July 2019 to July 2023, income grew from $64k to $98k (+53%), an average of +24% a year. The sharpest change came in the year to July 2022, when income rose by 45%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgewood Ave Home & School Association Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Friends of St John the Evangelist School Inc ($98k), Hunters Bend Elementary School PTO ($98k) and Virginia Congress of Parents and Teachers ($98k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.