Riverbend Ranch and Retreat Inc

Analysis

Riverbend Ranch and Retreat Inc is a registered charity in United States, based in Normandy, TN. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Riverbend Ranch and Retreat Inc reported income of $974k and spending of $655k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $480k to $974k (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverbend Ranch and Retreat Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include El Amor de Patricia ($974k), Engine Room Inc ($975k) and Stepping Stone Incorporated ($974k).

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 $75k (11% of expenses). Other salaries and wages came to $128k. At year end it held assets of $735k against liabilities of $20, net assets of $735k. It reported 6 employees.