Ridgeway Community School
Analysis
Ridgeway Community School is a registered charity in United States, based in Houston, MN. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Ridgeway Community School reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.3m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgeway Community School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Friends of HSMH Inc ($1.3m), The Waldorf School of Dupage ($1.3m) and Akimel O Otham Pee Posh Charter School Inc ($1.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $301k (25% of expenses). Other salaries and wages came to $337k. At year end it held assets of $898k against liabilities of $1.1m, net assets of -$196k. It reported 49 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 10%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of HSMH Inc | Old Westbury | $1.3m |
| The Waldorf School of Dupage | Warrenville | $1.3m |
| Akimel O Otham Pee Posh Charter School Inc | Coolidge | $1.3m |
| Silicon Valley Council of Nonprofits | San Jose | $1.3m |