Refuge for the Poor

Analysis

Refuge for the Poor is a registered charity in United States, based in Hatboro, PA. 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, Refuge for the Poor reported income of $313k and spending of $324k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $313k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refuge for the Poor sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Grace United Community Ministries Inc ($313k), The Elizabeth House Maternity Home ($313k) and Community Life Bridge Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $43k (13% of expenses). At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.