Racial Justice Network

Analysis

Racial Justice Network is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Racial Justice Network reported income of $70k and spending of $76k, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $22k to $70k (+222%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Racial Justice Network sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Alliance for Economic Development for Georgetown County ($70k), Port City Patriots ($70k) and Zanesville Community Theatre ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $8,145 (11% of expenses). At year end it held assets of $113k against liabilities of $0, net assets of $113k.