Riverside Christian School

Analysis

Riverside Christian School is a registered charity in United States, based in E Grand Forks, MN. It received its IRS tax-exemption ruling in December 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Riverside Christian School reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.4m (+100%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverside Christian School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Share House Inc ($2.4m), Long Island Gay and Lesbian Youth Inc ($2.4m) and Shalom Center Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $103k (4.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $136k, net assets of $1.1m. It reported 51 employees.