River Valley Child Development Services Inc

Analysis

River Valley Child Development Services Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, River Valley Child Development Services Inc reported income of $29.9m and spending of $29.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.8m to $29.9m (+153%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River Valley Child Development Services Inc 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 98th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Multi-Agency Alliance for Children Inc ($29.9m), St Johns Lutheran Ministries Inc ($30.0m) and Kansas Food Bank Warehouse Inc ($29.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $158k (0.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $23.7m against liabilities of $19.8m, net assets of $3.9m. It reported 205 employees.