Riverstone Community School Inc

Analysis

Riverstone Community School Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in July 1997, 29 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, Riverstone Community School Inc reported income of $9.3m and spending of $8.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $9.3m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverstone Community School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within ID. Charities of a similar size with the same main cause include Robert Benjamin Wiley Community Charter School ($9.3m), North Houston Catholic High School ($9.3m) and Lake Center Christian School ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $244k (2.8% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $21.9m against liabilities of $13.5m, net assets of $8.4m. It reported 150 employees.