River City Residential Club Inc

Analysis

River City Residential Club Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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 September 2023, River City Residential Club Inc reported income of $190k and spending of $165k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $163k to $190k (+16%), an average of +3.9% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River City Residential Club Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Cypress Band and Drill Team Booster Club ($190k), Hearts of Gold Police Family Outreach Foundation ($190k) and Louisa County Ambulance ($190k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. At year end it held assets of $333k against liabilities of $268k, net assets of $65k.