Rebuilding Together of Richmond

Analysis

Rebuilding Together of Richmond is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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 2023, Rebuilding Together of Richmond reported income of $876k and spending of $814k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $555k to $876k (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rebuilding Together of Richmond 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 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Bellerose Senior Housing Development Fund Co Inc ($876k), Second Servings of Houston ($876k) and Community Services Clearing House Inc ($876k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $233k. At year end it held assets of $461k against liabilities of $128k, net assets of $333k. It reported 4 employees.