Refugees Enrichment & Development Association Inc

Analysis

Refugees Enrichment & Development Association Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 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 December 2023, Refugees Enrichment & Development Association Inc reported income of $1.1m and spending of $880k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $262k to $1.1m (+330%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 198%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refugees Enrichment & Development Association Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Carols Kitchen Inc ($1.1m), Paradise Childcare Corp ($1.1m) and Michael Phelps Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $562k. At year end it held assets of $342k against liabilities of $90k, net assets of $252k.