Ridgeway Village Associates Inc

Analysis

Ridgeway Village Associates Inc is a registered charity in United States, based in Milwaukie, OR. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ridgeway Village Associates Inc reported income of $354k and spending of $356k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $354k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ridgeway Village Associates Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Ridgeview Village Inc ($354k), Gault Street Senior Housing a Ca Nonprofit Public Benefit Corp ($354k) and Ahepa Penelope 35-Ii Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $564k against liabilities of $60k, net assets of $504k.