Replenish Foundation

Analysis

Replenish Foundation is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Replenish Foundation reported income of $333k and spending of $399k, spending 120% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $333k (-74%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Replenish Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Melbourne Main Street Inc ($333k), Black Cooperative Impact Fund ($333k) and Downtown PKB Inc ($333k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $146k. At year end it held assets of $299k against liabilities of $274k, net assets of $25k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.