River Edge Drop in
Analysis
River Edge Drop in is a registered charity in United States, based in Ionia, MI. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Edge Drop in reported income of $142k and spending of $144k, spending 102% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $121k to $142k (+17%), an average of +3.2% a year. The sharpest change came in the year to September 2023, when income rose by 147%. Over the whole period it spent 105% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, River Edge Drop in 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 46th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include MLD Foundation ($142k), Portage Recovery Center Inc ($142k) and Margaretville Health Foundation ($142k).
On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (23% of expenses). Other salaries and wages came to $40k. At year end it held assets of $21k against liabilities of $3,740, net assets of $17k. It reported 4 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.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| MLD Foundation | West Linn | $142k |
| Portage Recovery Center Inc | Portage | $142k |
| Margaretville Health Foundation | Margaretville | $142k |
| Jordan Hays Foundation | Wentzville | $142k |