Rio Grande Childrens Home Inc

Analysis

Rio Grande Childrens Home Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1959, 67 years ago. 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, Rio Grande Childrens Home Inc reported income of $1.7m and spending of $1.2m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rio Grande Childrens Home Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Capital Area Agency on Aging Pointe Coupee ($1.7m), Rock Prairie Montessori Inc ($1.7m) and Collins Home Family Ministries ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 27% of the total. Other salaries and wages came to $410k. At year end it held assets of $10.1m against liabilities of $65k, net assets of $10.0m. It reported 10 employees.