Riverview Technology Corporation

Analysis

Riverview Technology Corporation is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Riverview Technology Corporation reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $1.2m (-16%), an average of -4.3% a year. The sharpest change came in the year to September 2020, when income dropped by 26%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Riverview Technology Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Bowmans Hill Wildflower Preserve Association Inc ($1.2m), Willwoods Community Management Inc ($1.2m) and Friends of Huntsville Parks and Recreation ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.6m against liabilities of $127k, net assets of $6.5m.