Riverside County Foundation on Aging Inc

Analysis

Riverside County Foundation on Aging Inc is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riverside County Foundation on Aging Inc reported income of $93k and spending of $97k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $93k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverside County Foundation on Aging Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include W Byron Wolfe Tri-County Charitable Foundation Inc ($93k), Andy Foundation ($93k) and Midway Mennonite Reception Center ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 55% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.