Richmonder Involved to Strengthen Our Communities

Analysis

Richmonder Involved to Strengthen Our Communities is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Richmonder Involved to Strengthen Our Communities reported income of $321k and spending of $353k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $268k to $321k (+20%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Richmonder Involved to Strengthen Our Communities sits at the 54th percentile: it is larger than about 54% 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 Neighbors for Refugees Inc ($321k), Baltimore Bar Foundation Inc ($321k) and Johnston County Youth Services Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (23% of expenses). Other salaries and wages came to $119k. At year end it held assets of $319k against liabilities of $15k, net assets of $304k. It reported 4 employees.