Riverview Educational Foundation

Analysis

Riverview Educational Foundation is a registered charity in United States, based in Duvall, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 February 2023, Riverview Educational Foundation reported income of $235k and spending of $124k, leaving 47% of income unspent that year. Across the 3 years on record, from February 2020 to February 2023, income grew from $171k to $235k (+38%), an average of +17% a year. The sharpest change came in the year to February 2023, when income rose by 253%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Riverview Educational Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include One Voice Foundation ($235k), Asm Global Acts Foundation ($235k) and Lucretia Pyne Charitable Trust ($235k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $524k against liabilities of $0, net assets of $524k.