River Valley Senior Center Inc

Analysis

River Valley Senior Center Inc is a registered charity in United States, based in Harbert, MI. It received its IRS tax-exemption ruling in March 1979, 47 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 September 2023, River Valley Senior Center Inc reported income of $474k and spending of $403k, spending 85% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $449k to $474k (+5.5%), an average of +1.8% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River Valley Senior Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Pearland Neighborhood Center ($474k), Hopes Closet ($474k) and Wounded Heroes Fund Kern County Chapter ($474k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Other salaries and wages came to $199k. At year end it held assets of $1.2m against liabilities of $18k, net assets of $1.2m. It reported 11 employees.