River of Refuge
Analysis
River of Refuge is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, River of Refuge reported income of $2.3m and spending of $838k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.3m (+4.7%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income rose by 223%. Over the whole period it spent 36% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, River of Refuge sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Housing Action Council Inc ($2.3m), Park of the Palms Inc ($2.3m) and Will County Habitat for Humanity Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $81k (9.7% of expenses). Other salaries and wages came to $181k. At year end it held assets of $13.1m against liabilities of $69k, net assets of $13.0m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 0.2%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Housing Action Council Inc | Tarrytown | $2.3m |
| Park of the Palms Inc | Keystone HGTS | $2.3m |
| Will County Habitat for Humanity Inc | Joliet | $2.3m |
| Montgomery Housing Partnership Inc | Silver Spring | $2.3m |