Ridgemoor Educational Foundation

Analysis

Ridgemoor Educational Foundation is a registered charity in United States, based in Harwood HTS, IL. It received its IRS tax-exemption ruling in July 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 December 2023, Ridgemoor Educational Foundation reported income of $83k and spending of $55k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $83k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ridgemoor Educational Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Hamilton Township Band Parents Inc ($83k), Home and School Association of Somerset Hills ($83k) and John Paul II Polish School of the Poconos Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $70k against liabilities of $5,000, net assets of $65k.