River Valley Commons

Analysis

River Valley Commons is a registered charity in United States, based in Plain, WI. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, River Valley Commons reported income of $97k and spending of $61k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $97k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, River Valley Commons sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Metropolitan Housing Development Corporation ($97k), Winchester Rotary Charitable Fund Inc ($97k) and Casas Adobes Rotary Foundation Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. At year end it held assets of $147k against liabilities of $446, net assets of $146k.