Rapha Inc

Analysis

Rapha Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in October 2002, 24 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 2024, Rapha Inc reported income of $1.9m and spending of $1.6m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $435k to $1.9m (+328%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rapha Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Assistance League of Tulsa Inc ($1.9m), Washington County Agricultural and Industrial Society Inc ($1.9m) and Senior Adult Activities Center of Montgomery County ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $0 against liabilities of $0, net assets of $0.