Ripple of One Inc

Analysis

Ripple of One Inc is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ripple of One Inc reported income of $1.0m and spending of $707k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $515k to $1.0m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ripple of One Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Les Lilas French Bilingual Community School ($1.0m), Institute for the American Worker ($1.0m) and Entrepreneurs Organization ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $234k (33% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.7m against liabilities of $7,981, net assets of $1.7m. It reported 25 employees.