Ridges Sanctuary Inc

Analysis

Ridges Sanctuary Inc is a registered charity in United States, based in Baileys Harbor, WI. It received its IRS tax-exemption ruling in June 1965, 61 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Ridges Sanctuary Inc reported income of $2.0m and spending of $1.3m, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.0m (+95%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 70% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Ridges Sanctuary Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Potter Park Zoological Society ($2.0m), Center for Animal Rescue & Enrichment of St Louis ($2.0m) and Humane Society of Greater Kansas City ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $70k (5.3% of expenses). Other salaries and wages came to $417k. At year end it held assets of $14.6m against liabilities of $56k, net assets of $14.5m. It reported 21 employees.