Riverview Services Inc

Analysis

Riverview Services Inc is a registered charity in United States, based in Wanamingo, MN. It received its IRS tax-exemption ruling in July 1978, 48 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 Services Inc reported income of $2.7m and spending of $3.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverview Services 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 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Peace Pantry ($2.7m), Advocates & Guardians for the Eldery & Disabled ($2.7m) and Rebel Recovery Florida Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.9m against liabilities of $147k, net assets of $1.7m. It reported 128 employees.