Riverside School Inc
Analysis
Riverside School Inc is a registered charity in United States, based in Lyndonville, VT. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, Riverside School Inc reported income of $2.0m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.5m to $2.0m (+37%), an average of +8.2% a year. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within VT. Charities of a similar size with the same main cause include Jesus Loves Children Mission Group ($2.0m), North Valley Academy Inc ($2.0m) and Orion Academy ($2.0m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.5% and program service revenue 92% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.0m against liabilities of $392k, net assets of $2.6m. It reported 42 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.5%
- Program services 92%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jesus Loves Children Mission Group | Walnut | $2.0m |
| North Valley Academy Inc | Gooding | $2.0m |
| Orion Academy | Concord | $2.0m |
| Millville Public Library | Millville | $2.0m |