Ridgewood Rotary Foundation Inc

Analysis

Ridgewood Rotary Foundation Inc is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in December 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 June 2024, Ridgewood Rotary Foundation Inc reported income of $69k and spending of $45k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $50k to $69k (+37%), an average of +8.3% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgewood Rotary Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Highlands Educational Corporation ($69k), Changing Our Parenting Experience ($69k) and Polk School District Educational Foundation ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.