Red River Valley Association Inc

Analysis

Red River Valley Association Inc is a registered charity in United States, based in Crestview, FL. It received its IRS tax-exemption ruling in August 1969, 57 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, Red River Valley Association Inc reported income of $457k and spending of $487k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $457k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red River Valley Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include St Josephs Hospital Auxiliary Inc ($457k), PTA New York Congress ($457k) and Leadership Howard County Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $74k (15% of expenses). Other salaries and wages came to $53k. At year end it held assets of $1.5m against liabilities of $2,656, net assets of $1.5m. It reported 1 employees.