Riverbend Head Start & Family Services Inc

Analysis

Riverbend Head Start & Family Services Inc is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in August 1950, 76 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Riverbend Head Start & Family Services Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.7m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 55%. 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, Riverbend Head Start & Family Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Memorial Health System Foundation ($1.7m), Avol Kentucky Inc ($1.7m) and Youth Forward ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $189k (12% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.1m against liabilities of $562k, net assets of $1.5m. It reported 101 employees.