Ridgeview Terrace Affordable Housing Inc

Analysis

Ridgeview Terrace Affordable Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ridgeview Terrace Affordable Housing Inc reported income of $618k and spending of $279k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $618k (+4.1%), an average of +1.0% a year. Over the whole period it spent 23% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ridgeview Terrace Affordable Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Hope House of Central Louisiana ($618k), Don Enterprises Inc ($618k) and Notre Dame de LA Mer Inc ($618k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $14.4m against liabilities of $215k, net assets of $14.2m.