Ritenour Pride & Promise Foundation

Analysis

Ritenour Pride & Promise Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2011, 15 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 December 2023, Ritenour Pride & Promise Foundation reported income of $285k and spending of $71k, leaving 75% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $61k to $285k (+369%), an average of +117% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ritenour Pride & Promise Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Tamra School Inc ($285k), Walton County Christian Learning Center Inc ($285k) and Arundel Instrumental Music Association Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $593k against liabilities of $0, net assets of $593k.