Roanoke River Partners Inc

Analysis

Roanoke River Partners Inc is a registered charity in United States, based in Windsor, NC. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2024, Roanoke River Partners Inc reported income of $176k and spending of $59k, leaving 66% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $373k to $176k (-53%), an average of -53% a year. The sharpest change came in the year to June 2024, when income dropped by 53%. Over the whole period it spent 20% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roanoke River Partners Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Better Business Bureau Institute for Marketplace Ethics ($176k), Foundation for a Better Louisiana Fidelity National Bank Building ($176k) and Penn High Building Trades Corp ($176k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 5.2% of the total. At year end it held assets of $667k against liabilities of $0, net assets of $667k.