Rio Grande Valley Communications Group

Analysis

Rio Grande Valley Communications Group is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, Rio Grande Valley Communications Group reported income of $2.5m and spending of $1.6m, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.5m (+47%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 23%. Over the whole period it spent 74% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Rio Grande Valley Communications Group sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Bethany Beach Volunteer Fire Co Inc ($2.5m), Chili Fire Department Inc ($2.5m) and Santa Fe Fire & Rescue Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $7.8m against liabilities of $1.7m, net assets of $6.1m.