Rio Association Inc

Analysis

Rio Association Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rio Association Inc reported income of $384k and spending of $110k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $233k to $384k (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 152%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rio Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Una Mano Una Esperanza ($384k), Lighthouse Christian Academy Inc ($384k) and Casa Monroe ($384k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 2.8% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.