Riverview Estates Inc

Analysis

Riverview Estates Inc is a registered charity in United States, based in Marquette, KS. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Riverview Estates Inc reported income of $3.3m and spending of $3.3m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $3.3m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverview Estates Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Prompt Institute ($3.3m), The Preemptive Love Coalition ($3.3m) and Taking Control of Your Diabetes ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $89k (2.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $740k against liabilities of $456k, net assets of $284k. It reported 81 employees.