Riverhill Foundation Inc

Analysis

Riverhill Foundation Inc is a registered charity in United States, based in Killen, AL. It received its IRS tax-exemption ruling in March 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riverhill Foundation Inc reported income of $467k and spending of $224k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $414k to $467k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverhill Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Monhegan Historial & Cultural Museum Association ($467k), Vets Helping Vets Anderson ($467k) and Piffaro the Renaissance Band ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.