Ripe for Revival

Analysis

Ripe for Revival is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Ripe for Revival reported income of $913k and spending of $830k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $539k to $913k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ripe for Revival sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Net Positive Inc ($913k), Natural Resources All Families Foundation Inc ($913k) and Village at Ithaca Inc ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $140k (17% of expenses). Other salaries and wages came to $237k. At year end it held assets of $356k against liabilities of $7,635, net assets of $349k. It reported 12 employees.