Riverbend Christian School Inc

Analysis

Riverbend Christian School Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1999, 27 years ago. 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 July 2024, Riverbend Christian School Inc reported income of $1.3m and spending of $1.6m, spending 117% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $945k to $1.3m (+42%), an average of +7.2% a year. The sharpest change came in the year to July 2022, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverbend Christian School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Vajrapani Institute for Wisdom Culture ($1.3m), The Asheville City Schools Foundation ($1.3m) and Habitat for Humanity International Inc ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Other salaries and wages came to $919k. At year end it held assets of $719k against liabilities of $183k, net assets of $536k. It reported 66 employees.