Ridgeview Heights Independent Living Corporation

Analysis

Ridgeview Heights Independent Living Corporation is a registered charity in United States, based in Reedsburg, WI. It received its IRS tax-exemption ruling in December 1989, 37 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 September 2023, Ridgeview Heights Independent Living Corporation reported income of $862k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $409k to $862k (+111%), an average of +20% a year. The sharpest change came in the year to September 2021, when income rose by 116%. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ridgeview Heights Independent Living Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Community Giving Tree Inc ($861k), Oregon Association for the Education of Young Children ($862k) and Grammys House Artesia Domestic ($861k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 86% of the total. Other salaries and wages came to $147k. At year end it held assets of $9.3m against liabilities of $11.5m, net assets of -$2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.