Cedar Ridge Childrens Home and School Inc

Analysis

Cedar Ridge Childrens Home and School Inc is a registered charity in United States, based in Williamsport, MD. It received its IRS tax-exemption ruling in October 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cedar Ridge Childrens Home and School Inc reported income of $7.8m and spending of $7.1m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.2m to $7.8m (+51%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cedar Ridge Childrens Home and School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Society of St Vincent de Paul of Waukesha County Inc ($7.8m), Piedmont Community Actions Inc ($7.8m) and Immigrant Family Services Institute Inc ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $134k (1.9% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.8m against liabilities of $483k, net assets of $4.3m. It reported 100 employees.