River Mist Inc

Analysis

River Mist Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, River Mist Inc reported income of $524k and spending of $436k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $317k to $524k (+65%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River Mist Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Saxton B Little Free Library Inc ($524k), Imagine Scholar Inc ($524k) and Housing Rights Committee of San Francisco Inc ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $99k (23% of expenses). Other salaries and wages came to $170k. At year end it held assets of $91k against liabilities of $1,348, net assets of $90k. It reported 10 employees.