Greater Richmond Bar Foundation

Analysis

Greater Richmond Bar Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Greater Richmond Bar Foundation reported income of $278k and spending of $270k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $189k to $278k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Greater Richmond Bar Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Casa of Berks County ($278k), Community of Hope Inc ($278k) and In Our Backyard ($278k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (35% of expenses). Other salaries and wages came to $104k. At year end it held assets of $337k against liabilities of $26k, net assets of $311k. It reported 3 employees.