Riverdale Country School Inc

Analysis

Riverdale Country School Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 1942, 84 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 June 2023, Riverdale Country School Inc reported income of $94.8m and spending of $92.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $78.2m to $94.8m (+21%), an average of +4.9% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverdale Country School Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Legacy Funds of Holy Names University ($94.8m), Vanguard University of So Ca ($94.8m) and Juniata College ($94.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $3.7m (4.0% of expenses). Other salaries and wages came to $39.7m. At year end it held assets of $249.7m against liabilities of $103.7m, net assets of $146.0m. It reported 576 employees.