Riverside Child Care Center

Analysis

Riverside Child Care Center is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Riverside Child Care Center reported income of $502k and spending of $561k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $524k to $502k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverside Child Care Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include New Heaven Dominion Inc ($502k), Houston-Trinity Counties Childrens Advocacy Center Inc ($502k) and Ansar of Pittsburgh ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $87k (16% of expenses). Other salaries and wages came to $396k. At year end it held assets of $144k against liabilities of $2,230, net assets of $142k. It reported 27 employees.