Ridgeview Clinics

Analysis

Ridgeview Clinics is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in June 1991, 35 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ridgeview Clinics reported income of $25.4m and spending of $25.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.5m to $25.4m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ridgeview Clinics sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Home Health & Hospice Care ($25.4m), Paul Oliver Memorial Hospital ($25.4m) and The Family Health Centers of Georgia Inc ($25.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $21.8m. At year end it held assets of $7.8m against liabilities of $18.4m, net assets of -$10.6m. It reported 80 employees.