Ridge Health Services Inc

Analysis

Ridge Health Services Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Services Inc reported income of $413k and spending of $717k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $629k to $413k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 138% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ridge Health Services Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Dixie County Anti-Drug Coalition ($413k), Hope 4 Utah ($413k) and Thrive for Change ($413k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $355k. At year end it held assets of $49k against liabilities of $2.3m, net assets of -$2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.