Ebenezer Ridges

Analysis

Ebenezer Ridges is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ebenezer Ridges reported income of $20.6m and spending of $22.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.7m to $20.6m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ebenezer Ridges sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Hopeway Foundation ($20.6m), Kosair Charities Committee Inc ($20.7m) and Emergycare Inc ($20.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $12.8m. At year end it held assets of $15.0m against liabilities of $12.0m, net assets of $3.0m.

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.