Riverside School Inc
Analysis
Riverside School Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 2016, 10 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 School Inc reported income of $3.9m and spending of $4.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.9m (+33%), an average of +7.4% a year. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include Globaladvantage ($3.9m), Forest Lake Christian School ($3.9m) and Literacy Council of Tyler Inc ($3.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $11.0m against liabilities of $12.8m, net assets of -$1.8m. It reported 58 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 99%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Globaladvantage | Pueblo West | $3.9m |
| Forest Lake Christian School | Auburn | $3.9m |
| Literacy Council of Tyler Inc | Tyler | $3.9m |
| Arkansas Activities Association | N Little Rock | $3.9m |