River Fund New York Inc is a 501(c)(3) organization based in Richmond Hill, New York, registered in 1998, with $11,386,005 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$11.4M
▼ 5.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$10.9M
Net assets
$5.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for River Fund New York Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For River Fund New York Inc: 6 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for River Fund New York Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For River Fund New York Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.8M (FY2013) to $11.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$23K
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,386,005▼5.6% | $10,890,588▲9.9% | $5,139,245▼9.5% | $5,162,279▼9.7% | 990 |
| 2023 | $12,060,523▲52.2% | $9,905,049▲21.3% | $5,677,155▲65.2% | $5,719,461▲31.1% | 990 |
| 2022 | $7,922,206▼13.0% | $8,164,943▲0.3% | $3,436,604▼24.7% | $4,363,639▼7.7% | 990 |
| 2021 | $9,106,932▼48.2% | $8,139,909▼45.2% | $4,562,453▲26.9% | $4,726,214▲15.7% | 990 |
| 2020 | $17,574,228▲236% | $14,843,879▲159% | $3,593,923▲316% | $4,085,859▲140% | 990 |
| 2019 | $5,225,566▼13.5% | $5,732,479▼2.1% | $863,574▼36.9% | $1,700,572▼11.2% | 990 |
| 2018 | $6,039,166▲17.4% | $5,853,689▲7.8% | $1,369,222▲16.2% | $1,914,989▲8.0% | 990 |
| 2017 | $5,143,730▼3.9% | $5,430,612▼3.4% | $1,178,711▼18.1% | $1,773,560▼14.5% | 990 |
| 2016 | $5,349,894▲13.4% | $5,620,447▲19.1% | $1,438,596▼13.7% | $2,073,984▼4.1% | 990 |
| 2015 | $4,715,669▼2.6% | $4,717,809▲11.8% | $1,667,421▼1.0% | $2,162,096▲15.7% | 990 |
| 2014 | $4,840,065▲0.7% | $4,218,998▼7.7% | $1,684,986▲58.4% | $1,868,145▲70.0% | 990 |
| 2013 | $4,806,670 | $4,572,422▲17.2% | $1,063,919▲28.2% | $1,099,001▲24.4% | 990 |
| 2012 | — | $3,902,420▲74.5% | $829,671▲211% | $883,281▲188% | 990 |
| 2011 | — | $2,236,127▲40.0% | $266,575▲28.5% | $307,146▲46.2% | 990 |
| 2010 | — | $1,596,702▲17.7% | $207,410▲6.3% | $210,045▲6.1% | 990 |
| 2009 | — | $1,357,022 | $195,186 | $197,961 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
111 grants to River Fund New York Inc totaling $51.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delivering Good Inc | Poverty assistance | 2024 | $1,052,626 |
| Robin Hood Foundation | Poverty relief | 2024 | $500,000 |
| American Online Giving Foundation Inc | General support | 2024 | $47,039 |
| Greater Horizons | Human services | 2024 | $10,000 |
| Food Bank For New York City | Program support | 2023 | $4,112,745 |
| Delivering Good Inc | Poverty assistance | 2023 | $746,000 |
| Robin Hood Foundation | Poverty relief | 2023 | $640,000 |
| Affinity Health Plan Inc | Community grant program | 2023 | $240,000 |
| Soles 4 Souls | Free distribution of shoes and clothing | 2023 | $237,533 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $90,072 |
| National Philanthropic Tr | Education | 2023 | $42,623 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2023 | $25,000 |
| City Harvest Inc | Retail operations grant | 2023 | $25,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $13,500 |
| Food Bank For New York City | Program support | 2023 | $9,740 |
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Data for River Fund New York Inc (EIN 11-3450363) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.