River Gate High School

Analysis

River Gate High School is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in March 2009, 17 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, River Gate High School reported income of $2.4m and spending of $2.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.4m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River Gate High School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Chief Tahgee Elementary Academy Inc ($2.4m), Kilgore College Foundation Kilgore Texas ($2.4m) and International Leadership Academy ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $8,625 (0.4% of expenses). Other salaries and wages came to $711k. At year end it held assets of $3.3m against liabilities of $1.4m, net assets of $1.9m. It reported 15 employees.