Rivers Edge Ministries Inc

Analysis

Rivers Edge Ministries Inc is a registered charity in United States, based in Mount Airy, MD. It received its IRS tax-exemption ruling in June 1984, 42 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 December 2023, Rivers Edge Ministries Inc reported income of $117k and spending of $91k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $117k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rivers Edge Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Robert W Scott Scholarship TR ($117k), Augusta Rowing Club Incorporated ($117k) and Tuesday Musical Club ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.