820 River St Inc

Analysis

820 River St Inc is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in February 1985, 41 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, 820 River St Inc reported income of $5.0m and spending of $4.0m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 820 River St Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include San Francisco Japanese School ($5.0m), Boy Scouts of America ($5.0m) and LA Casa de Las Madres ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $92k (2.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.6m against liabilities of $475k, net assets of $1.1m. It reported 48 employees.