River Valley Charter School Foundation Inc

Analysis

River Valley Charter School Foundation Inc is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, River Valley Charter School Foundation Inc reported income of $409k and spending of $381k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $442k to $409k (-7.4%), an average of -1.5% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, River Valley Charter School Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Hope Springs Water ($409k), Philanthropy Missouri ($409k) and 10 Chefs Inc ($409k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 63% of the total. At year end it held assets of $6.1m against liabilities of $5.5m, net assets of $627k.