On Ramps Economic Development Corporation

Analysis

On Ramps Economic Development Corporation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, On Ramps Economic Development Corporation reported income of $144k and spending of $218k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $44k to $144k (+224%), an average of +80% a year. The sharpest change came in the year to December 2022, when income rose by 553%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, On Ramps Economic Development Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Junior League of Long Beach Inc ($144k), Westhoff Community Club ($144k) and Christian Community Service of North Reading Incorporated ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $27k (12% of expenses). At year end it held assets of $523k against liabilities of $57k, net assets of $466k. It reported 1 employees.