Ridgemont Manor CDC

Analysis

Ridgemont Manor CDC is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ridgemont Manor CDC reported income of $660k and spending of $589k, spending 89% of its income. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgemont Manor CDC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Little Blessings Christian Preschool ($660k), Naperville District 203 General Home & School Association ($661k) and Christian Academy of Carrollton ($660k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $78k. At year end it held assets of $122k against liabilities of $0, net assets of $122k. It reported 3 employees.