Rivers of Recovery Inc

Analysis

Rivers of Recovery Inc is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Rivers of Recovery Inc reported income of $277k and spending of $295k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $363k to $277k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rivers of Recovery Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include The Almada Lodge-Times Farm Camp Corporation ($277k), Wausau Curling Club Inc ($277k) and Sports Association of Webster Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $79k (27% of expenses). Other salaries and wages came to $20k. At year end it held assets of $118k against liabilities of $61k, net assets of $57k. It reported 3 employees.