Riverside Language Program Inc

Analysis

Riverside Language Program Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1988, 38 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 August 2023, Riverside Language Program Inc reported income of $1.3m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $691k to $1.3m (+92%), an average of +18% a year. The sharpest change came in the year to August 2020, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Language 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 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Order of Ahepa District 10 Educational Foundation ($1.3m), American Friends of Yeshivat Hakotel ($1.3m) and Gardner Valley School ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $126k (10% of expenses). Other salaries and wages came to $603k. It paid $38k in professional fundraising fees. At year end it held assets of $516k against liabilities of $223k, net assets of $292k. It reported 16 employees.