Riverside Christian Ministries Inc

Analysis

Riverside Christian Ministries Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 March 2023, Riverside Christian Ministries Inc reported income of $2.6m and spending of $3.1m, spending 121% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $2.8m to $2.6m (-8.9%), an average of -2.3% a year. Over the whole period it spent 104% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Riverside Christian Ministries Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Montana Justice Foundation ($2.6m), Casa of Central Texas Inc ($2.6m) and High Road Program ($2.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 9.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $232k (7.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.5m against liabilities of $733k, net assets of $2.8m. It reported 45 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.