River Ridge Learning Center Inc

Analysis

River Ridge Learning Center Inc is a registered charity in United States, based in Jeffersonvlle, IN. It received its IRS tax-exemption ruling in September 2020, 6 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 December 2023, River Ridge Learning Center Inc reported income of $785k and spending of $840k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.7m to $785k (-55%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River Ridge Learning Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Murrieta School District Educational Facilities Corporation ($785k), Family Farm Action Alliance ($785k) and Northwest Youth Music Association ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $489k. At year end it held assets of $1.2m against liabilities of $1,691, net assets of $1.2m. It reported 27 employees.