Ralston House

Analysis

Ralston House is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ralston House reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.3m (-4.5%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ralston House sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Health Cubed Inc ($2.3m), Banyan Foundation ($2.3m) and College for Social Innovation Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $172k (8.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $304k, net assets of $2.4m.