Riviera Beach Community Outreach Inc
Analysis
Riviera Beach Community Outreach Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Riviera Beach Community Outreach Inc reported income of $1.8m and spending of $1.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 82% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Riviera Beach Community Outreach Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Torahanytimecom Inc ($1.8m), Fundamental Baptist Home Missions Inc ($1.8m) and Right From the Heart Ministries Inc ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (1.4% of expenses). Other salaries and wages came to $19k. At year end it held assets of $183k against liabilities of $0, net assets of $183k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Torahanytimecom Inc | Flushing | $1.8m |
| Fundamental Baptist Home Missions Inc | Bessemer City | $1.8m |
| Right From the Heart Ministries Inc | Marietta | $1.8m |
| Option Institute and Fellowship | GT Barrington | $1.8m |