River House Inc

Analysis

River House Inc is a registered charity in United States, based in Grayling, MI. It received its IRS tax-exemption ruling in January 2006, 20 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 House Inc reported income of $556k and spending of $475k, spending 85% of its income. Across the 5 years on record, from September 2018 to September 2023, income grew from $522k to $556k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to September 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River House Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Embrace of Celebration Inc ($556k), Rolla Mission ($556k) and Individual and Family Support of South Alabama ($556k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $275k. At year end it held assets of $649k against liabilities of $207k, net assets of $443k. It reported 21 employees.