Ridge Point Non-Profit Housing Corporation

Analysis

Ridge Point Non-Profit Housing Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ridge Point Non-Profit Housing Corporation reported income of $471k and spending of $1.0m, spending 214% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $471k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ridge Point Non-Profit Housing Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Ahepa 310-V Inc ($471k), Ahepa 127 Inc ($471k) and National Steelworkers Oldtimers Community Urban Development ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $224k (22% of expenses). At year end it held assets of $8.9m against liabilities of $1.5m, net assets of $7.4m. It reported 1 employees.