Rachels Network Inc

Analysis

Rachels Network Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Rachels Network Inc reported income of $1.9m and spending of $2.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Rachels Network Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 66th percentile within DC. Charities of a similar size with the same main cause include Bruce T Halle Assistance Fund ($1.9m), Letts Community Volunteer Fire Dept Inc ($1.9m) and Outright Vermont ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $170k (8.1% of expenses). Other salaries and wages came to $492k. At year end it held assets of $1.8m against liabilities of $43k, net assets of $1.7m. It reported 9 employees.