International Refugee Assistance Project Inc

Analysis

International Refugee Assistance Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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 August 2023, International Refugee Assistance Project Inc reported income of $21.0m and spending of $23.0m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $13.1m to $21.0m (+60%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 310%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Refugee Assistance Project Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Trinity Youth Services ($21.0m), Goodwill Industries of Western Ny ($21.1m) and Tomchei Shabbos Dlakewood Inc ($21.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $1.8m (7.7% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $69.2m against liabilities of $4.3m, net assets of $64.9m. It reported 103 employees.