Rivers Edge Academy Charter School

Analysis

Rivers Edge Academy Charter School is a registered charity in United States, based in Rogue River, OR. It received its IRS tax-exemption ruling in February 2012, 14 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, Rivers Edge Academy Charter School reported income of $2.3m and spending of $2.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.3m (+65%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rivers Edge Academy Charter School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Texas a & M University-Corpus Christi Foundation Inc ($2.3m), Harbor School Corporation ($2.3m) and Associated Students of California State University San Marcos ($2.3m).

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 $150k (6.3% of expenses). Other salaries and wages came to $959k. At year end it held assets of $2.3m against liabilities of $814k, net assets of $1.5m. It reported 41 employees.