Retraining the Village

Analysis

Retraining the Village is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Retraining the Village reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $295k to $1.3m (+352%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Retraining the Village sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Mission Lexington ($1.3m), Brookhaven Christian Church Child Development Center Inc ($1.3m) and Lakewood Child Care Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $216k (16% of expenses). Other salaries and wages came to $61k. At year end it held assets of $939k against liabilities of $975k, net assets of -$36k. It reported 7 employees.