Riverview High School Foundation Inc

Analysis

Riverview High School Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 June 2023, Riverview High School Foundation Inc reported income of $163k and spending of $148k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $198k to $163k (-18%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverview High School Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Randolph Area Foundation Inc ($163k), Ami Housing Corporation ($163k) and Pamlico Community College Foundation Inc ($163k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $458k against liabilities of $393k, net assets of $66k.