Ritenour Co-Care Inc

Analysis

Ritenour Co-Care Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2013, 13 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 December 2023, Ritenour Co-Care Inc reported income of $3.4m and spending of $3.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.4m (+162%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ritenour Co-Care Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Flance Management Inc ($3.4m), Family Service Association of Northeastern Pennsylvania ($3.4m) and Adopt America Network ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $730k against liabilities of $8,473, net assets of $722k.