Ripitt Foundation

Analysis

Ripitt Foundation is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ripitt Foundation reported income of $186k and spending of $157k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $186k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ripitt Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Sertoma Inc ($186k), Bais Medrash Lavreichem Inc ($186k) and Marie Elise Fund ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. At year end it held assets of $122k against liabilities of $744, net assets of $121k.