Rafikifriends

Analysis

Rafikifriends is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in April 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rafikifriends reported income of $60k and spending of $31k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $60k (+148%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rafikifriends sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within MS. Charities of a similar size with the same main cause include Holy Order Sin Sity Sisters ($60k), PFW Foundation Inc ($60k) and Orthoalliance Employee Assistance Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.