Riddle Village

Analysis

Riddle Village is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Riddle Village reported income of $35.1m and spending of $35.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.1m to $35.1m (+13%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riddle Village sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Nathan Adelson Hospice Inc ($35.1m), Community Partners International ($35.1m) and Bello Machre Inc ($35.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $731k (2.1% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $79.3m against liabilities of $107.5m, net assets of -$28.2m. It reported 403 employees.