Rivma Companion Animal Foundation

Analysis

Rivma Companion Animal Foundation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in October 2004, 22 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 December 2023, Rivma Companion Animal Foundation reported income of $185k and spending of $169k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $185k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rivma Companion Animal Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within RI. Charities of a similar size with the same main cause include Iron Workers Local 440 Joint Apprenticeship Fund ($185k), Technical College Directors Association of Georgia Inc ($185k) and Emt Training Associates Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. It paid $18k in professional fundraising fees. At year end it held assets of $803k against liabilities of $0, net assets of $803k.