Ridgeway Community Association Inc

Analysis

Ridgeway Community Association Inc is a registered charity in United States, based in Houston, MN. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ridgeway Community Association Inc reported income of $148k and spending of $128k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $132k to $148k (+12%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 141%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgeway Community Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Greater Boston Plumbing Contractors Association Scholarship Program ($148k), Journey at Waypoint Inc ($148k) and Woodbridge Warrior Boosters ($148k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. At year end it held assets of $1.7m against liabilities of $648k, net assets of $1.0m.