Riverside University Health System Foundation

Analysis

Riverside University Health System Foundation is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in July 1990, 36 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 June 2023, Riverside University Health System Foundation reported income of $5.1m and spending of $4.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $5.1m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverside University Health System Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include International Ocd Foundation Inc ($5.1m), Porter Medical Center Inc ($5.1m) and Ossining Volunteer Ambulance Corps Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $789k. At year end it held assets of $5.3m against liabilities of $942k, net assets of $4.4m.