Rappahannock Foundation Inc

Analysis

Rappahannock Foundation Inc is a registered charity in United States, based in Kilmarnock, VA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rappahannock Foundation Inc reported income of $324k and spending of $121k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $143k to $324k (+127%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 120%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rappahannock Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Boy Scouts of America ($324k), Darlington Community Child Care Center Inc ($324k) and Habitat for Humanity International Inc ($324k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $25k (20% of expenses). At year end it held assets of $769k against liabilities of $42k, net assets of $726k. It reported 1 employees.