Riley Cheer Guild Inc

Analysis

Riley Cheer Guild Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riley Cheer Guild Inc reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.5m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riley Cheer Guild Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Global Healthcare Systems Inc ($2.5m), Modern Mental Health Inc ($2.5m) and Space Coast Health Foundation Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $97k (4.0% of expenses). Other salaries and wages came to $821k. At year end it held assets of $2.7m against liabilities of $603, net assets of $2.7m.