Friends of the River Foundation

Analysis

Friends of the River Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Friends of the River Foundation reported income of $751k and spending of $536k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $833k to $751k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the River Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Trail Mix Inc ($750k), College Swimming Coaches Association of America Inc ($751k) and Dakota Marksmanship Foundation Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 2.1% of the total. Other salaries and wages came to $249k. At year end it held assets of $1.2m against liabilities of $226k, net assets of $937k. It reported 4 employees.