Ryans Place Inc

Analysis

Ryans Place Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Ryans Place Inc reported income of $2.0m and spending of $403k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $371k to $2.0m (+445%), an average of +53% a year. The sharpest change came in the year to December 2020, when income rose by 410%. Over the whole period it spent 27% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ryans Place Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Fola Community Action Services Inc ($2.0m), Valley Shore Emergency Communications Inc ($2.0m) and People of Faith Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $88k (22% of expenses). Other salaries and wages came to $163k. At year end it held assets of $4.8m against liabilities of $1,085, net assets of $4.8m. It reported 10 employees.