Old Man Rivers

Analysis

Old Man Rivers is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in January 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Old Man Rivers reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.7% a year. The sharpest change came in the year to November 2020, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Old Man Rivers sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within WV. Charities of a similar size with the same main cause include Crossroads Corp for Affordable Housing and Community Dev Inc ($1.3m), Two Hundred Seventy-Two to Two Hundred Eighty Linwood Avenue Inc ($1.3m) and Merrimac Valley Housing Services Inc ($1.3m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $863k against liabilities of $1,545, net assets of $861k. It reported 2 employees.