Rahabs Rope Inc

Analysis

Rahabs Rope Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Rahabs Rope Inc reported income of $998k and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $944k to $998k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rahabs Rope Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Maranatha Volunteers International Foundation Inc ($998k), Advancing Girls Education in Africa Inc ($998k) and Kidstown International Inc ($997k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $98k (8.8% of expenses). Other salaries and wages came to $245k. At year end it held assets of $1.6m against liabilities of $660k, net assets of $911k. It reported 22 employees.