Two Rivers Community School
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
Where the income comes from
- Contributions & grants 14%
- Program services 86%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Gramercy School | Newport | $2.1m |
| North Routt Community Charter School | Clark | $2.1m |
| Progressive Abilities Support Services Inc | Savannah | $2.1m |
| Area 1 Electrical Education Trust | Portland | $2.1m |