Riverside Unified School District Foundation

Analysis

Riverside Unified School District Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Riverside Unified School District Foundation reported income of $88k and spending of $59k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $88k (+45%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Unified School District Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Falcon Foundation ($88k), Chessmen Club of the North Shore ($88k) and Coventry Band Parent Association ($88k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.