Refugee and Immigrant Assistance Center Inc

Analysis

Refugee and Immigrant Assistance Center Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in March 1999, 27 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, Refugee and Immigrant Assistance Center Inc reported income of $9.2m and spending of $7.0m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $798k to $9.2m (+1057%), an average of +84% a year. The sharpest change came in the year to June 2022, when income rose by 739%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refugee and Immigrant Assistance Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Urban League of Rochester N Y Inc ($9.2m), Nexus Diversified Community Services ($9.2m) and Summit County Family Resource Center ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $4.1m against liabilities of $865k, net assets of $3.3m. It reported 26 employees.