Sevatruck Richmond Foundation

Analysis

Sevatruck Richmond Foundation is a registered charity in United States, based in Ashland, VA. It received its IRS tax-exemption ruling in September 2021, 5 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, Sevatruck Richmond Foundation reported income of $119k and spending of $111k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $119k (-1.4%), an average of -1.4% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sevatruck Richmond Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Lopez Island Home and Hospice Support ($119k), Pwa Holiday Charities ($119k) and Gabriel House ($119k).

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 $70k against liabilities of $0, net assets of $70k.