Riverside Manor Inc

Analysis

Riverside Manor Inc is a registered charity in United States, based in Ontario, OR. It received its IRS tax-exemption ruling in May 2021, 5 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 2024, Riverside Manor Inc reported income of $248k and spending of $255k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $231k to $248k (+7.2%), an average of +1.8% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverside Manor Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Australian-American Leadership Dialogue Foundation Inc ($248k), Rossmoor Fund ($248k) and The Nest Fund Inc ($248k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $791k against liabilities of $1000k, net assets of -$209k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.