Red River Valley Athletics Inc

Analysis

Red River Valley Athletics Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 August 2024, Red River Valley Athletics Inc reported income of $961k and spending of $881k, spending 92% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $778k to $961k (+24%), an average of +4.3% a year. The sharpest change came in the year to August 2021, when income rose by 35%. 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 Valley Athletics Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within ND. Charities of a similar size with the same main cause include Jericho Project Housing Development Fund Corporation ($961k), Boys and Girls Club of Mosholumontefiore Community Center Inc ($961k) and Confucius Chinese Language School of Walnut & Diamond Bar ($961k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.6% and program service revenue 93% of the total. Other salaries and wages came to $492k. At year end it held assets of $973k against liabilities of $2,557, net assets of $970k. It reported 52 employees.