Let It Ripple Inc

Analysis

Let It Ripple Inc is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Let It Ripple Inc reported income of $569k and spending of $478k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $676k to $569k (-16%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Let It Ripple Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Holter Museum of Art Inc ($569k), Visual Arts Foundation Inc ($570k) and St Johnsbury Athenaeum Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $249k (52% of expenses). Other salaries and wages came to $10k. At year end it held assets of $124k against liabilities of $36k, net assets of $88k. It reported 3 employees.