Mutual Aid Disaster Relief Richmond

Analysis

Mutual Aid Disaster Relief Richmond is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Mutual Aid Disaster Relief Richmond reported income of $170k and spending of $214k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $632k to $170k (-73%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 96% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Mutual Aid Disaster Relief Richmond sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Collegium Ramazzini Inc ($170k), St Martin Volunteer First Relief Association ($171k) and Nesquehoning Hose Company 1 ($170k).

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 $47k against liabilities of $0, net assets of $47k.

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.