Community Refugee Relief Initiative Inc

Analysis

Community Refugee Relief Initiative Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Community Refugee Relief Initiative Inc reported income of $157k and spending of $30k, leaving 81% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $61k to $157k (+159%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 263%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Refugee Relief Initiative Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 43rd percentile within DE. Charities of a similar size with the same main cause include Historical Society of Seabrook ($157k), Latinos in Bio Inc ($157k) and Frank Theatre ($157k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $150k against liabilities of $31k, net assets of $119k.