Riverside Science Inc

Analysis

Riverside Science Inc is a registered charity in United States, based in Margate, FL. It received its IRS tax-exemption ruling in May 2018, 8 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, Riverside Science Inc reported income of $3.4m and spending of $3.4m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.4m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Science Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Bnos Orchos Chaim Inc ($3.4m), Eastern Shore Regional Library Inc ($3.4m) and Isthmus Montessori Academy Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 88% of the total. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $657k.