Riverview Adult Day Center Inc

Analysis

Riverview Adult Day Center Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Riverview Adult Day Center Inc reported income of $523k and spending of $362k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $523k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverview Adult Day Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Neat Repeats of Sheboygan County Inc ($523k), Green Valley - Glenwood Community Inc ($523k) and Haydens House of Healing Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $76k (21% of expenses). Other salaries and wages came to $191k. At year end it held assets of $626k against liabilities of $4,938, net assets of $621k. It reported 10 employees.