Riverview School Inc

Analysis

Riverview School Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in March 1956, 70 years ago. 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 December 2023, Riverview School Inc reported income of $260k and spending of $200k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $260k (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverview School Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Hans Christian Andersen Montessori School Inc ($260k), Wabaunsee County Historical Society ($260k) and Flourish Creative ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $25k (13% of expenses). Other salaries and wages came to $95k. At year end it held assets of $371k against liabilities of $3,381, net assets of $368k. It reported 12 employees.