River Academy a Non Profit Corporation

Analysis

River Academy a Non Profit Corporation is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in January 1999, 27 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, River Academy a Non Profit Corporation reported income of $3.6m and spending of $2.2m, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $3.6m (+130%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River Academy a Non Profit Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Services for Hidden Intelligence Inc ($3.6m), Hope Toledo Services ($3.6m) and Mse ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $112k (5.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.7m against liabilities of $920k, net assets of $3.7m. It reported 63 employees.