Ripplephx Inc

Analysis

Ripplephx Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Ripplephx Inc reported income of $743k and spending of $734k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $743k (+326%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ripplephx Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Carroll County Wellness Center Inc ($743k), Ridgway Ambulance Corp ($743k) and Lions Eye Foundation of California Nevada Inc ($743k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (8.1% of expenses). Other salaries and wages came to $172k. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 11 employees.