Ridgeline Education Corporation

Analysis

Ridgeline Education Corporation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Ridgeline Education Corporation reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $683k to $1.2m (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgeline Education Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Lev Montessori Inc ($1.2m), Center for Courage & Renewal ($1.2m) and Rootedgood ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $582k. At year end it held assets of $620k against liabilities of $1.1m, net assets of -$527k. It reported 16 employees.