Riverside Presbyterian House Inc

Analysis

Riverside Presbyterian House Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Riverside Presbyterian House Inc reported income of $2.3m and spending of $2.9m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $2.3m (-32%), an average of -9.0% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Riverside Presbyterian House Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Tulsa Pythian Manor Inc ($2.3m), Shelter Inc ($2.3m) and Wasatch Manor Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $3.5m, net assets of $1.3m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.