Ringgold Band Inc

Analysis

Ringgold Band Inc is a registered charity in United States, based in Laureldale, PA. It received its IRS tax-exemption ruling in December 1942, 84 years ago. 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 December 2023, Ringgold Band Inc reported income of $86k and spending of $85k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $86k (+9.6%), an average of +9.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ringgold Band Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include The Praxis Group ($86k), Stockport Volunteer Fire Department ($86k) and Minnesota Jaycees Charitable Foundation ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.