Riverton Street Charter School

Analysis

Riverton Street Charter School is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in May 2011, 15 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, Riverton Street Charter School reported income of $20.6m and spending of $20.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.7m to $20.6m (+16%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverton Street Charter School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Georgia Tech Facilities Inc ($20.6m), Georgia School Boards Association Workers Compensation Fund ($20.6m) and Wichita Collegiate School ($20.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Other salaries and wages came to $7.0m. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $64k.