Riverside Medical Clinic Charitable Foundation

Analysis

Riverside Medical Clinic Charitable Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Riverside Medical Clinic Charitable Foundation reported income of $543k and spending of $507k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $543k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverside Medical Clinic Charitable Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Pivotpoint WNC ($543k), Hamilton Volunteer Rescue Squad Inc ($543k) and William G Nash Foundation ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $111k (22% of expenses). At year end it held assets of $397k against liabilities of $87k, net assets of $310k. It reported 7 employees.