Rivervalley Consulting Services Inc

Analysis

Rivervalley Consulting Services Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2022, Rivervalley Consulting Services Inc reported income of $9.3m and spending of $5.5m, leaving 41% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $4.8m to $9.3m (+94%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rivervalley Consulting Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Desert Christian Academy ($9.2m), Greater Rochester Regional Healthinformation Organization Inc ($9.3m) and New York Academy of Art ($9.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 11% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $301k (5.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.3m against liabilities of $355k, net assets of $975k. It reported 45 employees.