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Riverside Charitable Corporation

Tustin, CA · EIN 95-4158713 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Riverside Charitable Corporation reported $22.9 million in revenue and $3.6 million in expenses for calendar year 2024. Of every $100 it spent, $87.06 went to program services, $12.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 67.3% of the total. The highest compensation it reported for one person was $527,903 (PRESIDENT). 3 people received more than $100,000 in reportable compensation. Revenue rose 684% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $3.6M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $23M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.1%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
12.9%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
67.3%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
25.0%66.2%
Highest reported compensation
Part VII-A, columns D–F
$527,903$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
14.76%1.57%
People paid over $100,000
Part VII, line 2
35
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
232.410.0
Independent voting board members
Part VI 1a–1b
5 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$2.3M expenses · 74.6% of program spending · revenue $5.2M

Fostering and providing charitable assistance, services and relief to families and persons of lower income in the communities that rcc serves. Rcc serves to foster, create, manage and preserve safe and decent, social service-enriched, affordable housing for people of lower income

$792K expenses · 25.4% of program spending · grants $792K · revenue $643K

Providing partnership management and social services to various low-income housing tax credit entities in which rcc has an ownership interest

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$451,217$0$76,686$527,903
DEPUTY EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$452,947$0$59,453$512,400
VP OF OPERATIONS
Key employee, 40.00 hrs/week
$311,182$0$50,070$361,252

3 people received more than $100,000 in reportable compensation from Riverside Charitable Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$23M$3.6M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$23M$3.6M87.1%$69M$527,903
2023 ⓘ$20M$11M96.8%$50M$452,083
2022 ⓘ$6.8M$3.0M81.1%$40M$434,733
2021 ⓘ$6.5M$2.8M74.1%$37M$431,833
2020 ⓘ$2.7M$2.0M53.6%$33M$377,353
2019 ⓘ$2.9M$1.7M53.7%$32M$314,774

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 59
  • Volunteers Part I, line 65

Correct a figure or respond

Every number above is copied from Riverside Charitable Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Riverside Charitable Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in California

Questions people ask

How much of Riverside Charitable Corporation's spending goes to programs?

In calendar year 2024, Riverside Charitable Corporation reported that 87.1% of its $3.6 million in expenses went to program services, 12.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Riverside Charitable Corporation pay its top executive?

The largest total compensation Riverside Charitable Corporation reported for one person in calendar year 2024 was $527,903, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Riverside Charitable Corporation get its money?

Of $22.9 million in revenue in calendar year 2024, 67.3% came from contributions and grants and 25.0% from program service revenue (Form 990, Part VIII).

Is Riverside Charitable Corporation a registered charity?

The IRS lists EIN 95-4158713 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523179349306622 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413109349302866 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313129349302311 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223139349304297 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103139349305805 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003019349301280 · read the filing

All filings for EIN 95-4158713: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.