River Valley United Way Inc

Analysis

River Valley United Way Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in July 1970, 56 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, River Valley United Way Inc reported income of $291k and spending of $307k, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $365k to $291k (-20%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, River Valley United Way Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Richard M Genius Sr Trust for Central Baptist Home ($291k), Island Country Club Charitable Foundation Inc ($291k) and Muskegon Ys Club Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (12% of expenses). At year end it held assets of $350k against liabilities of $38k, net assets of $312k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.