Riverpointe Christian Academy

Analysis

Riverpointe Christian Academy is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in November 2009, 17 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 July 2024, Riverpointe Christian Academy reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $915k to $1.2m (+29%), an average of +5.3% a year. The sharpest change came in the year to July 2022, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverpointe Christian Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Friends of Beacon ($1.2m), Marvelously Made - the School for Young Children ($1.2m) and Razi School ($1.2m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $36k (3.1% of expenses). Other salaries and wages came to $698k. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m. It reported 36 employees.