Ripley Life Squad Inc

Analysis

Ripley Life Squad Inc is a registered charity in United States, based in Ripley, OH. It received its IRS tax-exemption ruling in December 1976, 50 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, Ripley Life Squad Inc reported income of $1.2m and spending of $948k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $1.2m (+113%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ripley Life Squad Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Trinity Christian Schools Foundation ($1.2m), Sleep Research Society ($1.2m) and Rehabilitation Center for Neurological Development ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $199k (21% of expenses). Other salaries and wages came to $291k. At year end it held assets of $594k against liabilities of $3,821, net assets of $590k. It reported 52 employees.