Riverview Charter School Inc

Analysis

Riverview Charter School Inc is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in February 2010, 16 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 2023, Riverview Charter School Inc reported income of $11.8m and spending of $11.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $11.8m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverview Charter School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include D-Veal Corporation ($11.8m), Tenacre Country Day School Corporation ($11.8m) and Denise Louie Education Center ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $21.9m against liabilities of $27.8m, net assets of -$5.9m. It reported 150 employees.