Rappahannock Community Services Inc

Analysis

Rappahannock Community Services Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rappahannock Community Services Inc reported income of $489k and spending of $554k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $532k to $489k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 15%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rappahannock Community Services Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Budget and Fin MGMT Asst ($489k), Charlotte Mecklenburg Black Chamber of Commerce Inc ($489k) and The Well-Food and Clothing Source ($489k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.4m against liabilities of $18k, net assets of $1.4m.