Riverside Center for Imaginative Learning NFP

Analysis

Riverside Center for Imaginative Learning NFP is a registered charity in United States, based in West Chicago, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Riverside Center for Imaginative Learning NFP reported income of $485k and spending of $537k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $225k to $485k (+116%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Center for Imaginative Learning NFP 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 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Anoka Ramsey Community College Foundation ($485k), Boothbay Harbor Memorial Library Association ($485k) and Folds of Honor Foundation ($485k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $296k (55% of expenses). Other salaries and wages came to $45k. At year end it held assets of $208k against liabilities of -$9,447, net assets of $218k. It reported 4 employees.