Central Rappahannock River Habitat for Humanity
Analysis
Central Rappahannock River Habitat for Humanity is a registered charity in United States, based in Bowling Green, VA. It received its IRS tax-exemption ruling in January 1987, 39 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, Central Rappahannock River Habitat for Humanity reported income of $422k and spending of $198k, leaving 53% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $195k to $422k (+116%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 258%. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Rappahannock River Habitat for Humanity sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include The Hub of Hope Inc ($422k), Iowa Parks and Recreation Association Inc ($422k) and North Haven Foundation ($422k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $49k (25% of expenses). Other salaries and wages came to $56k. At year end it held assets of $291k against liabilities of $33k, net assets of $258k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Hub of Hope Inc | Fredericksbrg | $422k |
| Iowa Parks and Recreation Association Inc | Grinnell | $422k |
| North Haven Foundation | North Haven | $422k |
| Union Meadows Housing Development Fund Company Inc | Rochester | $422k |