Red River Valley Community Action

Analysis

Red River Valley Community Action is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in June 1976, 50 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 June 2023, Red River Valley Community Action reported income of $3.2m and spending of $3.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.2m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red River Valley Community Action sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ND. Charities of a similar size with the same main cause include Alterra Mountain Company Community Foundation ($3.2m), Shiloh Christian Childrens Ranch Inc ($3.2m) and Feed and Instruct the Hungry Neighborhood Center Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $99k (3.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $1.6m, net assets of $567k. It reported 37 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.