Rvnahealth Inc

Analysis

Rvnahealth Inc is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in February 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rvnahealth Inc reported income of $33.1m and spending of $31.9m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $21.5m to $33.1m (+54%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rvnahealth Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include American Lutheran Homes Inc ($33.1m), South Coast Childrens Society Inc ($33.1m) and Lexington Center for Recovery Inc ($33.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $821k (2.6% of expenses). Other salaries and wages came to $22.1m. At year end it held assets of $32.8m against liabilities of $2.7m, net assets of $30.2m. It reported 598 employees.