Rivertree School

Analysis

Rivertree School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Rivertree School reported income of $1.7m and spending of $1.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 24%. 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, Rivertree School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Bayshore Christian School Foundation Inc ($1.7m), Compass Charter Middle School ($1.7m) and Hasbara Fellowships Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $127k (7.1% of expenses). At year end it held assets of $493k against liabilities of $254k, net assets of $239k. It reported 35 employees.