Ridgeview Village II Inc

Analysis

Ridgeview Village II Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ridgeview Village II Inc reported income of $488k and spending of $565k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $488k (+2.1%), an average of +0.5% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ridgeview Village II Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include Belder Affordable Housing Corp ($488k), Presbyterian Village Holly Phase II Nonprofit Housing Corporation ($489k) and Philanthropia Foundation ($488k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $151k. At year end it held assets of $2.9m against liabilities of $70k, net assets of $2.8m. It reported 7 employees.

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.