Riverside Excite

Analysis

Riverside Excite is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Riverside Excite reported income of $168k and spending of $164k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $168k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Riverside Excite sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Phoenix Zones Initiative ($168k), Rotary Club of Springfield Ohio Foundation ($168k) and Peace Islands Institute Pennsylvania ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $138k against liabilities of $31k, net assets of $107k.