River Garden Holding Company Inc

Analysis

River Garden Holding Company Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, River Garden Holding Company Inc reported income of $1.9m and spending of $1.6m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River Garden Holding Company Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Texas Historical Foundation ($1.9m), Traditions at Stygler Road ($1.9m) and East Tennessee Health Information Network ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.0m (63% of expenses). At year end it held assets of $9.0m against liabilities of $526k, net assets of $8.5m. It reported 5 employees.