Red River Basin Commission

Analysis

Red River Basin Commission is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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, Red River Basin Commission reported income of $709k and spending of $648k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $719k to $709k (-1.5%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red River Basin Commission sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within ND. Charities of a similar size with the same main cause include Academy of Marketing Science School of Business Administration ($708k), Stanford Daily Publishing Corporation ($709k) and St Josephs Villa Housing Corp ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $103k (16% of expenses). Other salaries and wages came to $197k. At year end it held assets of $547k against liabilities of $105k, net assets of $442k. It reported 7 employees.