Riverspring Licensed Home Care Services Agency Inc

Analysis

Riverspring Licensed Home Care Services Agency Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riverspring Licensed Home Care Services Agency Inc reported income of $15.0m and spending of $14.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.9m to $15.0m (-16%), an average of -4.3% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverspring Licensed Home Care Services Agency Inc 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 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Sports Medicine Research and Testing Laboratory ($15.0m), Carey Counseling Center Inc ($15.0m) and Independent Dialysis Foundation Inc ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $10.5m. At year end it held assets of $1.9m against liabilities of $3.3m, net assets of -$1.3m. It reported 444 employees.