River Stones Residential Services Inc

Analysis

River Stones Residential Services Inc is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, River Stones Residential Services Inc reported income of $61k and spending of $438k, spending 715% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $61k (-97%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 94%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River Stones Residential Services Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Inland Northwest Farmers Market Association ($61k), Live by Living Foundation ($61k) and Center for Community Services ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. Compensation of current officers, directors and key employees was $212k (48% of expenses). Other salaries and wages came to $3,132. At year end it held assets of $2.1m against liabilities of $96k, net assets of $2.0m. It reported 2 employees.