Refugeeone

Analysis

Refugeeone is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1992, 34 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 June 2024, Refugeeone reported income of $13.9m and spending of $11.7m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.8m to $13.9m (+192%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Refugeeone sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Hosanna House Inc ($13.9m), Youth for Christ International Ministries ($13.9m) and Mesivta Tifereth Israel of Rizhin Jerusalem Inc ($13.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $439k (3.7% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $15.4m against liabilities of $2.0m, net assets of $13.4m. It reported 130 employees.