Refuge Foundation

Analysis

Refuge Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Refuge Foundation reported income of $5.8m and spending of $5.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.8m (+233%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Refuge Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include Mosdos Shaarei Chaim ($5.7m), Radical Inc ($5.8m) and LA Promesa Foundation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.7m against liabilities of $2.5m, net assets of $2.2m. It reported 27 employees.