Rivendell School
Analysis
Rivendell School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rivendell School reported income of $3.7m and spending of $4.1m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.9m to $3.7m (-7.2%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rivendell School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Philips Academy of North Carolina Inc ($3.7m), Palmetto Academy of Learning and Success Inc ($3.7m) and Foundation for the Los Angeles Community Colleges ($3.7m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $5.0m against liabilities of $4.0m, net assets of $1.1m. It reported 53 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 86%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Philips Academy of North Carolina Inc | Charlotte | $3.7m |
| Palmetto Academy of Learning and Success Inc | Myrtle Beach | $3.7m |
| Foundation for the Los Angeles Community Colleges | Los Angeles | $3.7m |
| Westhampton Free Library | W Hampton BCH | $3.7m |