River Garden Foundation Inc

Analysis

River Garden Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1992, 34 years ago. 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 2022, River Garden Foundation Inc reported income of $2.2m and spending of $789k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.2m to $2.2m (+86%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 383%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River Garden Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include South Side Community Art Center ($2.2m), World Foundation for Girl Guides and Girl Scouts Inc ($2.2m) and Family Service of Greater Baton Rouge ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $72k. At year end it held assets of $14.6m against liabilities of $90k, net assets of $14.5m. It reported 1 employees.