Riddle Health Care Services
Riddle Health Care Services: Declining Revenue and Significant Losses Raise Concerns
EIN: 222606545 · Radnor, PA · NTEE: E30Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $5.0M |
| Program Spending | 70% |
| Net Assets | $238K |
| Transparency Score | 65/100 |
Is Riddle Health Care Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riddle Health Care Services directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Riddle Health Care Services
Riddle Health Care Services (EIN: 222606545) is a nonprofit organization based in Radnor, PA, classified under NTEE code E30Z. The organization reported total revenue of $3.5M and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riddle Health Care Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riddle Health Care Services is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-1,856,368 |
| Total Assets | $882K |
| Total Liabilities | $644K |
| Net Assets | $238K |
| Operating Margin | -59.2% |
| Debt-to-Asset Ratio | 73.0% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, Riddle Health Care Services reported a deficit of $1.9M with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 73.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Riddle Health Care Services's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +6.5% | -43.1% |
| 2022 | +24.9% | +10.4% | +22.2% |
| 2021 | -1.6% | +0.8% | +72.0% |
| 2020 | -6.1% | +4.1% | — |
| 2019 | -8.9% | -0.9% | -176.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Riddle Health Care Services with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Riddle Health Care Services allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Riddle Health Care Services's IRS 990 filings:
- Consistent operating losses across all reported years (e.g., $4,991,185 in expenses vs. $3,134,817 in revenue in 2023).
- Significant decline in net assets from $1,911,510 in 2016 to $780,356 in 2023.
- Negative net assets reported in 2019 (-$547,457), indicating liabilities exceeded assets.
Strengths
The following positive indicators were identified for Riddle Health Care Services:
- Long-standing presence in Radnor, PA, suggesting established community ties.
- Consistent revenue generation, despite being outpaced by expenses.
Frequently Asked Questions about Riddle Health Care Services
Is Riddle Health Care Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Riddle Health Care Services (EIN: 222606545) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Riddle Health Care Services spend its money?
Riddle Health Care Services directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riddle Health Care Services tax-deductible?
Riddle Health Care Services is registered as a tax-exempt nonprofit (EIN: 222606545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Riddle Health Care Services's spending goes to programs?
Riddle Health Care Services directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Riddle Health Care Services compare to similar nonprofits?
With a transparency score of 65/100 (Good), Riddle Health Care Services is above average for NTEE category E30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riddle Health Care Services located?
Riddle Health Care Services is headquartered in Radnor, Pennsylvania and files with the IRS under EIN 222606545. It is classified under NTEE code E30Z.
How many years of IRS 990 filings does Riddle Health Care Services have?
Riddle Health Care Services has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.5M in total revenue.
What does Riddle Health Care Services do?
Riddle Health Care Services is a nonprofit organization in the Health Care sector, located in Radnor, Pennsylvania. It is classified under NTEE code E30Z.
How much revenue does Riddle Health Care Services have?
Riddle Health Care Services reported total revenue of $3,467,541. Based on 13 IRS 990 filings on record.
What are Riddle Health Care Services's total assets?
Riddle Health Care Services holds total assets of $780,356 as reported in IRS 990 filings.
Where is Riddle Health Care Services located?
Riddle Health Care Services is based in Radnor, Pennsylvania.
What is Riddle Health Care Services's EIN?
Riddle Health Care Services's Employer Identification Number (EIN) is 222606545. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Riddle Health Care Services?
Riddle Health Care Services is classified under NTEE code E30Z (Health Care).
Is Riddle Health Care Services a registered 501(c)(3)?
Yes, Riddle Health Care Services is recognized as a tax-exempt organization by the IRS. EIN: 222606545.
Does Riddle Health Care Services file IRS Form 990?
Yes, Riddle Health Care Services has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Riddle Health Care Services's revenue in 2023?
In the 202306 filing period, Riddle Health Care Services reported total revenue of $3,134,817, total expenses of $4,991,185, and net assets of $881,793.
Is Riddle Health Care Services's revenue growing or declining?
Riddle Health Care Services's revenue is relatively stable. Revenue went from $3,077,796 (202206) to $3,134,817 (202306), a +1.9% change. Based on 13 filings on record.
What is Riddle Health Care Services's most recent 990 filing?
The most recent IRS Form 990 filing for Riddle Health Care Services covers tax period 202306. It shows revenue of $3,134,817, expenses of $4,991,185, total assets of $881,793, and liabilities of $643,640.
How much does Riddle Health Care Services spend on programs vs administration?
Based on IRS 990 analysis, Riddle Health Care Services allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Riddle Health Care Services a trustworthy charity?
Based on AI analysis of IRS 990 data, Riddle Health Care Services shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Riddle Health Care Services?
The following concerns were identified: Consistent operating losses across all reported years (e.g., $4,991,185 in expenses vs. $3,134,817 in revenue in 2023).. Significant decline in net assets from $1,911,510 in 2016 to $780,356 in 2023.. Negative net assets reported in 2019 (-$547,457), indicating liabilities exceeded assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Riddle Health Care Services's strengths?
Positive indicators for Riddle Health Care Services include: Long-standing presence in Radnor, PA, suggesting established community ties.. Consistent revenue generation, despite being outpaced by expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Riddle Health Care Services compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating losses, how does Riddle Health Care Services sustain its operations year over year?
The data indicates that the organization has been drawing down its net assets and potentially relying on other funding sources not detailed in the provided revenue figures, or accumulating liabilities, to cover the gap between expenses and revenue.
What caused the substantial drop in net assets from $1,911,510 in 2016 to a negative value of -$547,457 in 2019?
This significant decline suggests a period of severe financial distress, likely due to expenses far exceeding revenue and potentially significant asset write-downs or increased liabilities during those years.
Filing History
IRS 990 filing history for Riddle Health Care Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riddle Health Care Services's revenue has declined by 0.2%, moving from $3.1M to $3.1M. Total assets decreased by 86.2% over the same period, from $6.4M to $882K. Total functional expenses rose by 2.1%, from $4.9M to $5.0M. In its most recent filing year (2023), Riddle Health Care Services reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $644K in liabilities against $882K in assets (debt-to-asset ratio: 73.0%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $5.0M | $882K | $644K | — | View 990 |
| 2022 | $3.1M | $4.7M | $1.6M | $1.6M | — | View 990 |
| 2021 | $2.5M | $4.2M | $1.3M | $1.1M | — | View 990 |
| 2020 | $2.5M | $4.2M | $737K | $737K | — | View 990 |
| 2019 | $2.7M | $4.0M | $-547,457 | $717K | — | View 990 |
| 2018 | $2.9M | $4.1M | $719K | $587K | — | View 990 |
| 2017 | $2.6M | $4.1M | $338K | $551K | — | View 990 |
| 2016 | $2.0M | $4.0M | $1.9M | $613K | — | View 990 |
| 2015 | $2.9M | $3.8M | $823K | $538K | — | View 990 |
| 2014 | $2.8M | $3.9M | $259K | $604K | — | View 990 |
| 2013 | $3.1M | $3.8M | $733K | $587K | — | View 990 |
| 2012 | $3.0M | $4.4M | $4.6M | $4.2M | — | View 990 |
| 2011 | $3.1M | $4.9M | $6.4M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $5.0M, and assets of $882K (revenue +1.9% year-over-year).
- 2022: Revenue of $3.1M, expenses of $4.7M, and assets of $1.6M (revenue +24.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $4.2M, and assets of $1.3M (revenue -1.6% year-over-year).
- 2020: Revenue of $2.5M, expenses of $4.2M, and assets of $737K (revenue -6.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $4.0M, and assets of $-547,457 (revenue -8.9% year-over-year).
- 2018: Revenue of $2.9M, expenses of $4.1M, and assets of $719K (revenue +14.5% year-over-year).
- 2017: Revenue of $2.6M, expenses of $4.1M, and assets of $338K (revenue +25.7% year-over-year).
- 2016: Revenue of $2.0M, expenses of $4.0M, and assets of $1.9M (revenue -29.0% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.8M, and assets of $823K (revenue +0.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $3.9M, and assets of $259K (revenue -7.9% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.8M, and assets of $733K (revenue +3.0% year-over-year).
- 2012: Revenue of $3.0M, expenses of $4.4M, and assets of $4.6M (revenue -4.5% year-over-year).
- 2011: Revenue of $3.1M, expenses of $4.9M, and assets of $6.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riddle Health Care Services:
Data Sources and Methodology
This transparency report for Riddle Health Care Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.