Riverview Center Inc

Analysis

Riverview Center Inc is a registered charity in United States, based in Galena, IL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Riverview Center Inc reported income of $3.5m and spending of $3.9m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.5m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverview Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Santa Margarita Eagle Foundation ($3.5m), Phillips County Developmental Center ($3.5m) and Street School Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $99k (2.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.5m against liabilities of $1.3m, net assets of $1.1m. It reported 56 employees.