Riverview Early Childhood Center

Analysis

Riverview Early Childhood Center is a registered charity in United States, based in Webster City, IA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Riverview Early Childhood Center reported income of $638k and spending of $659k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $450k to $638k (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverview Early Childhood Center sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Franklin County Senior Citizens Services Inc ($638k), Whenwelove ($638k) and Christian Neighborhood Center of Norwich Inc ($637k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $136k (21% of expenses). Other salaries and wages came to $317k. At year end it held assets of $830k against liabilities of $21k, net assets of $809k. It reported 34 employees.