Riverstone Health Foundation

Analysis

Riverstone Health Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in February 2009, 17 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 June 2023, Riverstone Health Foundation reported income of $828k and spending of $652k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $828k (-51%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 29%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverstone Health Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within MT. Charities of a similar size with the same main cause include Afcamp Family Empowerment Center Inc ($828k), Texas Alliance of Ymcas ($829k) and Lighthouse Childrens Homes Inc ($828k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $141k, net assets of $1.2m.