Riverbend Family Ministries NFP

Analysis

Riverbend Family Ministries NFP is a registered charity in United States, based in Wood River, IL. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Riverbend Family Ministries NFP reported income of $708k and spending of $561k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $708k (+280%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 294%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverbend Family Ministries NFP sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Take the Lead Inc ($708k), Rising Phoenix ($708k) and Metzenbaum Foundation ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $271k. At year end it held assets of $1.8m against liabilities of $664k, net assets of $1.1m. It reported 7 employees.