RHF Charitable Foundation

Analysis

RHF Charitable Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 2015, 11 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 Charitable Foundation reported income of $1.3m and spending of $665k, leaving 50% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2023, when income rose by 106%. Over the whole period it spent 55% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RHF Charitable Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Walton Avenue Senior Housing Development Fund Company Inc ($1.3m), Bon Secours Housing Inc ($1.3m) and Housing Ventures Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $227k. At year end it held assets of $8.5m against liabilities of $116k, net assets of $8.4m.