Access of the Red River Valley Inc

Analysis

Access of the Red River Valley Inc is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in May 1989, 37 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, Access of the Red River Valley Inc reported income of $4.0m and spending of $3.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Access of the Red River Valley Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Arsolas Distribution Center and Community Services ($4.0m), Glasser-Schoenbaum Human Services Center Inc ($4.0m) and Association on Higher Education and Disability ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $137k (3.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.7m against liabilities of $243k, net assets of $5.5m. It reported 144 employees.