Ridge House Incorporated

Analysis

Ridge House Incorporated is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover human services, 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 June 2023, Ridge House Incorporated reported income of $1.8m and spending of $2.5m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.8m (-31%), an average of -8.8% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ridge House Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include The Lands at Hillside Farms ($1.8m), Family Support Circle Inc ($1.8m) and Friends of Recovery of Delaware and Otsego Counties Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $84k (3.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.7m against liabilities of $2.2m, net assets of $520k. It reported 87 employees.