Ridge to Reefs Inc

Analysis

Ridge to Reefs Inc is a registered charity in United States, based in Eldersburg, MD. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Ridge to Reefs Inc reported income of $1.0m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $660k to $1.0m (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ridge to Reefs Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Junior Achievement of Greater Baton Rouge & Acadianna ($1.0m), March to the Top - Africa ($1.0m) and Kupona Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $90k (8.9% of expenses). Other salaries and wages came to $217k. At year end it held assets of $293k against liabilities of $75k, net assets of $219k. It reported 4 employees.