Richard Allen Improvement and Development Organization

Analysis

Richard Allen Improvement and Development Organization is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Richard Allen Improvement and Development Organization reported income of $527k and spending of $387k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $509k to $527k (+3.5%), an average of +0.9% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richard Allen Improvement and Development Organization sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include San Miguel-Casa Inc ($527k), Israel Venture Network ($527k) and Cumberland Charter School Network ($527k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $4.9m against liabilities of $4.4m, net assets of $427k.