Ridc Mill 19b

Analysis

Ridc Mill 19b is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ridc Mill 19b reported income of $2.7m and spending of $3.2m, spending 120% of what it took in. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ridc Mill 19b sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include The Workforce Connection Inc ($2.7m), Colorado Fund for People with Disabilities Incorporated ($2.7m) and Council for Inclusive Capitalism Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.8m against liabilities of $17.8m, net assets of $1.9m.