Rci Village Properties

Analysis

Rci Village Properties is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rci Village Properties reported income of $590k and spending of $23k, leaving 96% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $240k to $590k (+146%), an average of +146% a year. The sharpest change came in the year to September 2023, when income rose by 146%. Over the whole period it spent 2.8% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rci Village Properties sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Peris Foundation ($590k), I58 Inc ($590k) and Community Homes of Lebanon County Inc ($590k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $819k against liabilities of $1,940, net assets of $817k.