Assistance League of Riverside

Analysis

Assistance League of Riverside is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, Assistance League of Riverside reported income of $900k and spending of $836k, spending 93% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $551k to $900k (+63%), an average of +13% a year. The sharpest change came in the year to May 2022, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assistance League of Riverside sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Fundacion Luis G Fortuno ($899k), Madison Northside Planning Council Inc ($900k) and Kennebec Valley Council of Governments ($899k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.9m against liabilities of $86k, net assets of $2.8m.