Riverway South - Apalachicola

Analysis

Riverway South - Apalachicola is a registered charity in United States, based in Chipley, FL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Riverway South - Apalachicola reported income of $86k and spending of $66k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $86k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Riverway South - Apalachicola sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Sbac Empowerment Foundation ($86k), Junior League of St Paul Inc ($87k) and Blue Hills Neighborhood Association ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.