Rhonda Walker Foundation

Analysis

Rhonda Walker Foundation is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2023, Rhonda Walker Foundation reported income of $765k and spending of $1.2m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $765k (+45%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rhonda Walker Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Trustees of Purdue University ($765k), Santa Rosa Kids House Inc ($766k) and Community Partners for Youth Inc ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $172k (15% of expenses). Other salaries and wages came to $175k. At year end it held assets of $713k against liabilities of $48k, net assets of $665k. It reported 4 employees.