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Two Rivers Community School

RegisteredEIN 20-0726895Rutherfordton, NCEducation and training
Income$2.1m2024-06
Spending$1.9msame year
Spent / received86%6-year average
Size in its cause83rd pctEducation and training
Exempt since2005School
Employees40latest return

Analysis

Two Rivers Community School is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in April 2005, 21 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 2024, Two Rivers Community School reported income of $2.1m and spending of $1.9m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $2.1m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Two Rivers Community School sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include The Gramercy School ($2.1m), North Routt Community Charter School ($2.1m) and Progressive Abilities Support Services Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.4m against liabilities of $2.8m, net assets of -$365k. It reported 40 employees.

Income and spending

$0$527k$1.1m$1.6m$2.1m2019 Income: $1,668,3022019 Spending: $1,559,41420192020 Income: $1,610,6312020 Spending: $1,498,27820202021 Income: $1,868,4152021 Spending: $1,566,14420212022 Income: $1,958,5272022 Spending: $1,539,94420222023 Income: $1,918,1952023 Spending: $1,495,04620232024 Income: $2,108,2032024 Spending: $1,874,7992024
IncomeSpending

Where the income comes from

  • Contributions & grants 14%
  • Program services 86%

Similar-sized charities, same cause

CharityLocationIncome
The Gramercy SchoolNewport$2.1m
North Routt Community Charter SchoolClark$2.1m
Progressive Abilities Support Services IncSavannah$2.1m
Area 1 Electrical Education TrustPortland$2.1m