Ridgeview Charter School Inc

Analysis

Ridgeview Charter School Inc is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in July 2018, 8 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 June 2023, Ridgeview Charter School Inc reported income of $3.6m and spending of $3.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $3.6m (+172%), an average of +40% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgeview Charter School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Orange County Electrical Joint Apprenticeship and Training ($3.6m), State University College at Brockport Foundation Inc ($3.6m) and Magdalen College ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $504k against liabilities of $81k, net assets of $422k. It reported 54 employees.