Guthrie Risk Retention Group

Analysis

Guthrie Risk Retention Group is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Guthrie Risk Retention Group reported income of $11.5m and spending of $444k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.9m to $11.5m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Guthrie Risk Retention Group sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include American Society of Transplant Surgeons ($11.5m), Health Affiliates Inc ($11.5m) and Hurtt Family Health Clinic Inc ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $61.3m against liabilities of $34.7m, net assets of $26.7m.