Riverside Preparatory School

Analysis

Riverside Preparatory School is a registered charity in United States, based in Oro Grande, CA. It received its IRS tax-exemption ruling in August 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, Riverside Preparatory School reported income of $42.9m and spending of $36.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.8m to $42.9m (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Preparatory School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Code Org ($42.8m), Landmark School Inc ($42.9m) and San Francisco University High School ($42.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14.7m. At year end it held assets of $33.8m against liabilities of $4.0m, net assets of $29.8m.