Ridge Area Arc Foundation

Analysis

Ridge Area Arc Foundation is a registered charity in United States, based in Avon Park, FL. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Ridge Area Arc Foundation reported income of $58k and spending of $29k, leaving 50% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $80k to $58k (-27%), an average of -7.4% a year. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 276% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ridge Area Arc Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Piedmont Area Veterans Council Inc ($58k), Help Them to Hope ($58k) and Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($58k).

At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.