The Refuge

Analysis

The Refuge is a registered charity in United States, based in Winterset, IA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Refuge reported income of $241k and spending of $231k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $268k to $241k (-10%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Refuge 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 58th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include We Think 4 a Change ($241k), Tool Library Inc ($241k) and Real-Life Works Incorporated ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $114k (49% of expenses). Other salaries and wages came to $7,200. At year end it held assets of $94k against liabilities of $6,766, net assets of $88k. It reported 13 employees.