Riverhead Community Awareness Program Inc

Analysis

Riverhead Community Awareness Program Inc is a registered charity in United States, based in Riverhead, NY. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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, Riverhead Community Awareness Program Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $740k to $1.0m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverhead Community Awareness Program Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Mt Vernon Day Care Center Inc ($1.0m), Family Homestead ($1.0m) and Devotion Primary Extended Day Program ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (11% of expenses). Other salaries and wages came to $498k. At year end it held assets of $500k against liabilities of $144k, net assets of $356k. It reported 10 employees.