Riverton Steamboat Landing Foundation a New Jersey Nonprofit

Analysis

Riverton Steamboat Landing Foundation a New Jersey Nonprofit is a registered charity in United States, based in Cinnaminson, NJ. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Riverton Steamboat Landing Foundation a New Jersey Nonprofit reported income of $337k and spending of $716k, spending 213% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $600k to $337k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Riverton Steamboat Landing Foundation a New Jersey Nonprofit sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Methuen Memorial Music Hall Inc ($337k), Music at Kohl Mansion Inc ($337k) and Mutual Dance Theatre and Arts Centers ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $354k against liabilities of $212k, net assets of $142k.