Neponset Valley River Rats Inc

Analysis

Neponset Valley River Rats Inc is a registered charity in United States, based in Mansfield, MA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Neponset Valley River Rats Inc reported income of $453k and spending of $466k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $296k to $453k (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Neponset Valley River Rats 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 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Thief River Falls Amateur Hockey Association ($453k), Row America Rye Parents Association Inc ($453k) and First Hunt Foundation Inc ($453k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $56k (12% of expenses). At year end it held assets of $312k against liabilities of $287k, net assets of $25k.