Retail Alliance Foundation

Analysis

Retail Alliance Foundation is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Retail Alliance Foundation reported income of $134k and spending of $129k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $134k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Retail Alliance Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Liam M Kinne Foundation ($134k), Cresa Cares Inc ($134k) and Rotary District 5080 Charitable Fund ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. At year end it held assets of $76k against liabilities of $25k, net assets of $51k.