Riverside Training Centers Inc

Analysis

Riverside Training Centers Inc is a registered charity in United States, based in St Helens, OR. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Riverside Training Centers Inc reported income of $4.1m and spending of $3.4m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.1m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverside Training Centers Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Wesley Woods of Athens Inc ($4.1m), Council on Aging of Central Oregon ($4.1m) and Division of Indian Work ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $104k (3.0% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.6m against liabilities of $277k, net assets of $4.4m. It reported 76 employees.