City of Refuge Foundation Inc

Analysis

City of Refuge Foundation Inc is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, City of Refuge Foundation Inc reported income of $286k and spending of $16k, leaving 95% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $325k to $286k (-12%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 8.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City of Refuge Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include School of the Blessed Sacrament Parents Association ($286k), Education for Parents of Indigenous ($286k) and Lao Lions Club Foundation ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.