Ripea Foundation Inc

Analysis

Ripea Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ripea Foundation Inc reported income of $83k and spending of $56k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $83k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ripea Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Ojai Community Farmers Market ($83k), Nosotros Incorporated ($83k) and Yardley Community Centre ($83k).

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 $37k against liabilities of $250, net assets of $37k.