Red River Human Services Foundation

Analysis

Red River Human Services Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in March 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Red River Human Services Foundation reported income of $21.6m and spending of $18.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.7m to $21.6m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red River Human Services Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within ND. Charities of a similar size with the same main cause include The Executive Leadership Council Inc ($21.6m), National Alliance for Research on Schizophrenia and Depression Inc ($21.7m) and Woodcraft Rangers ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $407k (2.2% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $21.5m against liabilities of $7.1m, net assets of $14.3m. It reported 395 employees.