Rivertree Academy Inc

Analysis

Rivertree Academy Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 July 2023, Rivertree Academy Inc reported income of $11.1m and spending of $2.6m, leaving 76% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.4m to $11.1m (+367%), an average of +47% a year. The sharpest change came in the year to July 2023, when income rose by 408%. Over the whole period it spent 52% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rivertree Academy Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Camp Fire ($11.1m), Priests for Life ($11.2m) and Community Youth Ministries ($11.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $129k (4.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $13.1m against liabilities of $146k, net assets of $13.0m. It reported 46 employees.