River Valley Charter School

Analysis

River Valley Charter School is a registered charity in United States, based in Lakeside, CA. It received its IRS tax-exemption ruling in October 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, River Valley Charter School reported income of $2.9m and spending of $3.4m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $2.9m (-9.8%), an average of -2.5% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River Valley Charter School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include College of Lake County Foundation ($2.9m), Helix Community Schools ($2.9m) and Moraga Educational Foundation ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $343k (10% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $420k. It reported 45 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.