River Fund Inc

Analysis

River Fund Inc is a registered charity in United States, based in Laughlin, NV. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2024, River Fund Inc reported income of $588k and spending of $624k, spending 106% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $462k to $588k (+27%), an average of +4.9% a year. The sharpest change came in the year to September 2023, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, River Fund Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within NV. Charities of a similar size with the same main cause include Cancer Services Network Inc ($587k), Shaw Fam Supporting Organization TR ($588k) and United Way of Eastern New Mexico Inc ($587k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $84k. At year end it held assets of $356k against liabilities of $0, net assets of $356k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.