Riverside Bible Conference Assn

Analysis

Riverside Bible Conference Assn is a registered charity in United States, based in Amherst, WI. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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 March 2023, Riverside Bible Conference Assn reported income of $755k and spending of $477k, leaving 37% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $407k to $755k (+85%), an average of +17% a year. The sharpest change came in the year to March 2021, when income rose by 21%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverside Bible Conference Assn sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Community Housing Services ($755k), New York Folklore Society ($755k) and Sound Off ($755k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $52k (11% of expenses). Other salaries and wages came to $117k. At year end it held assets of $614k against liabilities of $18k, net assets of $595k. It reported 20 employees.