Rva Light Inc

Analysis

Rva Light Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rva Light Inc reported income of $162k and spending of $250k, spending 155% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $217k to $162k (-26%), an average of -14% a year. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rva Light Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Placentia-Yorba Meals on Wheels ($162k), Media Jumpstart Inc ($162k) and Shepherds Door ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.