Raising a Village Foundation

Analysis

Raising a Village Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Raising a Village Foundation reported income of $749k and spending of $784k, spending 105% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $489k to $749k (+53%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Raising a Village Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Muncie Innovation Connector Inc ($749k), The Community Works Inc NFP ($749k) and Clinical Placements Northwest ($748k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $114k. It paid $24k in professional fundraising fees. At year end it held assets of $562k against liabilities of $2,721, net assets of $559k. It reported 43 employees.