Retail Consumer Alliance Foundation Inc
Analysis
Retail Consumer Alliance Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2010, 16 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 December 2022, Retail Consumer Alliance Foundation Inc reported income of $285k and spending of $229k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $249k to $285k (+14%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Retail Consumer Alliance 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 Airport Minority Advisory Council Educational & Scholarship Prog Inc ($285k), Parent Booster USA Inc ($285k) and Appalachian Reading Ctr Inc ($285k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 81% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Airport Minority Advisory Council Educational & Scholarship Prog Inc | Washington | $285k |
| Parent Booster USA Inc | Mission Viejo | $285k |
| Appalachian Reading Ctr Inc | S Charleston | $285k |
| Foundation for a Better Life Inc | Atlanta | $285k |