RHF Holdings Group Inc

Analysis

RHF Holdings Group Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, RHF Holdings Group Inc reported income of $705k and spending of $59.6m, spending 8457% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.0m to $705k (-82%), an average of -35% a year. The sharpest change came in the year to September 2023, when income dropped by 76%. Over the whole period it spent 453% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RHF Holdings Group Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include San Mateo County Colleges Educational Housing Corporation ($704k), Faith and Fostering ($705k) and Italian Gardens Inc ($704k).

At year end it held assets of $16.0m against liabilities of $70.4m, net assets of -$54.4m.