River of Life School

Analysis

River of Life School is a registered charity in United States, based in Benton Harbor, MI. It received its IRS tax-exemption ruling in February 2018, 8 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 August 2023, River of Life School reported income of $182k and spending of $229k, spending 126% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $229k to $182k (-21%), an average of -5.6% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River of Life School sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Jerri Walker Depriest Memorial Endowment Fund ($182k), Brother David Darst Center for Justice and Peace Spirituality and ($182k) and Cerro Cosco Community College Foundation Inc ($182k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $146k. At year end it held assets of $121k against liabilities of $13k, net assets of $108k. It reported 6 employees.