The Rapha Foundation

Analysis

The Rapha Foundation is a registered charity in United States, based in Wise, VA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3).

In the financial year ending May 2020, The Rapha Foundation reported income of $42.2m and spending of $1.2m, leaving 97% of income unspent that year. Over the whole period it spent 2.9% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Rapha Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Ohio Valley Goodwill Industries Rehabilitation Center Inc ($42.2m), Trustees of the Univ of Penna Retiree Med & Death Benefits TR ($42.2m) and Catholic Community Services of Southern Arizona Inc ($42.2m).

Compensation of current officers, directors and key employees was $58k (4.8% of expenses). At year end it held assets of $40.8m against liabilities of $971k, net assets of $39.8m.