Ringgold County Group Home Inc

Analysis

Ringgold County Group Home Inc is a registered charity in United States, based in Mount Ayr, IA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 June 2024, Ringgold County Group Home Inc reported income of $695k and spending of $760k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $682k to $695k (+1.9%), an average of +0.5% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ringgold County Group Home Inc 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 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Little Canada Fire Department Inc ($695k), Rockville Nursery School and Kindergarten Inc ($695k) and Disciples House of Glendale Inc ($695k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $490k (64% of expenses). At year end it held assets of $1.5m against liabilities of $68k, net assets of $1.5m. It reported 16 employees.