Ripple Effect

Analysis

Ripple Effect is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Ripple Effect reported income of $139k and spending of $123k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $139k (-0.3%), an average of -0.3% a year. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ripple Effect sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include Passion for Community ($138k), Donora Downtown Committee Inc ($139k) and Washington-Beaufort County Chamber of Commerce Community Foun ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.