Rva Rapid Transit Inc

Analysis

Rva Rapid Transit Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rva Rapid Transit Inc reported income of $156k and spending of $187k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $156k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Rva Rapid Transit Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Selma-Dallas County Sav-A-Life Inc an Alabama Non-Profit Corporation ($156k), Casa of East Central Wisconsin ($156k) and A Secret Safe Place for Newborns of Tennessee Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $1,604, net assets of $93k.