Rileys Army Inc

Analysis

Rileys Army Inc is a registered charity in United States, based in Winterville, NC. It received its IRS tax-exemption ruling in September 2013, 13 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, Rileys Army Inc reported income of $105k and spending of $125k, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $138k to $105k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rileys Army Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Texas Governors Mansion Greenhouse Project ($105k), Bostons Bridge to Excellence Inc ($105k) and C4h Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. Other salaries and wages came to $26k. At year end it held assets of $163k against liabilities of $8,603, net assets of $154k. It reported 3 employees.