Peppermint Ridge

Analysis

Peppermint Ridge is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Peppermint Ridge reported income of $10.8m and spending of $11.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $10.8m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peppermint Ridge sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Rauch Inc ($10.8m), Erie Neighborhood House ($10.8m) and Child and Family Charities ($10.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $100k (0.9% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $12.0m against liabilities of $769k, net assets of $11.2m. It reported 158 employees.