Ridgewood School Incorporated

Analysis

Ridgewood School Incorporated is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Ridgewood School Incorporated reported income of $619k and spending of $719k, spending 116% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $1.6m to $619k (-60%), an average of -26% a year. The sharpest change came in the year to July 2023, when income dropped by 54%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgewood School Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Flourish Adoption Ministries Inc ($619k), Texas K-12 Cto Council ($619k) and Norwood Public School Parent Teacher Organization Inc ($619k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Other salaries and wages came to $495k. At year end it held assets of $927k against liabilities of $6,065, net assets of $921k. It reported 33 employees.