Ramsey Educational and Development Institute Inc

Analysis

Ramsey Educational and Development Institute Inc is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Ramsey Educational and Development Institute Inc reported income of $2.0m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.0m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ramsey Educational and Development Institute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Keren Yehoshua V Yisroel Inc ($2.0m), Mid South Community College Foundat Ion Inc ($2.0m) and South Carolina First Steps to School Readiness Board of Trustees ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $758k against liabilities of $90k, net assets of $669k. It reported 34 employees.