Refugee Assistance Alliance Inc

Analysis

Refugee Assistance Alliance Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in December 2017, 9 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, Refugee Assistance Alliance Inc reported income of $487k and spending of $511k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $285k to $487k (+71%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refugee Assistance Alliance Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Crossroads Mission Enterprises Inc ($487k), Classis of New Brunswick Community Development Corporation ($487k) and Socorro County Fair & Rodeo Assoc ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (24% of expenses). Other salaries and wages came to $194k. At year end it held assets of $324k against liabilities of $16k, net assets of $309k. It reported 13 employees.