River Acres Inc

Analysis

River Acres Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, River Acres Inc reported income of $143k and spending of $121k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $143k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, River Acres Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MT. Charities of a similar size with the same main cause include Christmas-In-April-Calvert County Inc ($143k), Dunson School Redevelopment Corporation ($143k) and Morgan Lane Housing Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $890k against liabilities of $808k, net assets of $82k.