Riverside Community Care Inc

Analysis

Riverside Community Care Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Riverside Community Care Inc reported income of $111.9m and spending of $110.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $81.6m to $111.9m (+37%), an average of +8.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverside Community Care Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Erie Family Health Center Inc ($111.9m), Blythedale Childrens Hospital ($112.0m) and Peak Vista Community Health Centers ($111.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.6m (1.4% of expenses). Other salaries and wages came to $68.9m. At year end it held assets of $74.7m against liabilities of $40.6m, net assets of $34.1m. It reported 1,834 employees.