River Raisin Institute

Analysis

River Raisin Institute is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in March 2005, 21 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 2024, River Raisin Institute reported income of $69k and spending of $73k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $81k to $69k (-15%), an average of -15% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River Raisin Institute sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Future Hope Inc ($69k), Urban Neighborhood Initiative for Families & Youth-Unify ($69k) and Modesto Garden Club Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 105% of the total. At year end it held assets of $53k against liabilities of $6,747, net assets of $47k.