Rivendell Community Inc

Analysis

Rivendell Community Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. 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, Rivendell Community Inc reported income of $1.9m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $785k to $1.9m (+141%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rivendell Community Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include S C a H Inc ($1.9m), F H Buhl Club ($1.9m) and Habitat for Humanity International Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $159k (9.2% of expenses). Other salaries and wages came to $835k. At year end it held assets of $2.2m against liabilities of $1.6m, net assets of $593k. It reported 38 employees.