Riverside Training Program Inc

Analysis

Riverside Training Program Inc is a registered charity in United States, based in Lenoir City, TN. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Riverside Training Program Inc reported income of $53k and spending of $64k, spending 122% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $73k to $53k (-28%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Training Program Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Wakefield Track Boosters Club ($53k), Keystone Band Boosters ($53k) and Korean American Naju Association of the Greater New York Inc ($53k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 22% of the total. At year end it held assets of $15k against liabilities of $49k, net assets of -$33k.