River Valley Initiative Foundation

Analysis

River Valley Initiative Foundation is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, River Valley Initiative Foundation reported income of $613k and spending of $380k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $88k to $613k (+594%), an average of +91% a year. The sharpest change came in the year to June 2023, when income rose by 536%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River Valley Initiative Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Transitions Life Center & Community Inc ($613k), Families in Transition Inc ($613k) and Backpack Weekend Food Program Inc ($613k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $998k against liabilities of $11k, net assets of $988k.