Raphael Village

Analysis

Raphael Village is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2018, 8 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 June 2023, Raphael Village reported income of $1.1m and spending of $1.3m, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $811k to $1.1m (+31%), an average of +9.3% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raphael Village sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include Seafarers House Inc ($1.1m), Arizona Voice for Crime Victims Inc ($1.1m) and MKS Recovery Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $20k (1.6% of expenses). Other salaries and wages came to $383k. At year end it held assets of $3.2m against liabilities of $2.0m, net assets of $1.2m. It reported 15 employees.