Rivendell School

Analysis

Rivendell School is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rivendell School reported income of $2.1m and spending of $2.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $2.1m (-63%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 72%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rivendell School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Pacific Rim Christian University ($2.1m), Say Yes Cleveland Scholarship Inc ($2.1m) and San Marino School Foundation ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $132k (5.8% of expenses). Other salaries and wages came to $880k. At year end it held assets of $13.2m against liabilities of $2.9m, net assets of $10.3m. It reported 21 employees.