Ryan House Project

Analysis

Ryan House Project is a registered charity in United States, based in North Berwick, ME. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ryan House Project reported income of $69k and spending of $85k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $69k (+8.4%), an average of +8.4% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ryan House Project sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 20th percentile within ME. Charities of a similar size with the same main cause include Greater Abyssinian Housing Corporation Inc ($69k), New Gary Community Development Corp ($69k) and Hotels for Hope Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $358k against liabilities of $306k, net assets of $51k.