Rivendell Institute Inc

Analysis

Rivendell Institute Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Rivendell Institute Inc reported income of $949k and spending of $859k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $942k to $949k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rivendell Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Be Able Inc ($949k), Christian Family Center Inc C/O Robert Kea ($949k) and Caribbean Ministries Association ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $523k. At year end it held assets of $1.7m against liabilities of $362k, net assets of $1.3m. It reported 11 employees.