Ridge Creek at Heritage

Analysis

Ridge Creek at Heritage is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ridge Creek at Heritage reported income of $2.8m and spending of $5.2m, spending 185% of what it took in. The sharpest change came in the year to June 2023, when income rose by 14280%. Over the whole period it spent 255% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ridge Creek at Heritage 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 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Ensuenos Y Los Angelitos Development Center ($2.8m), Crisis House ($2.8m) and Comal County Senior Citizens Foundation ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $470k. At year end it held assets of $47.3m against liabilities of $51.7m, net assets of -$4.4m. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.