Rio Vista Senior Housing Inc

Analysis

Rio Vista Senior Housing Inc is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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, Rio Vista Senior Housing Inc reported income of $171k and spending of $136k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $171k (+20%), an average of +4.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rio Vista Senior Housing Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NM. Charities of a similar size with the same main cause include KCF Kentucky Conservation Foundation Inc ($171k), Saint Fidelis Cemetery Support Foundation ($171k) and Brookfield Theatre for the Arts Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $29k. At year end it held assets of $484k against liabilities of $993k, net assets of -$509k.