Joseph Rainey Center For Public Policy Incorporated
EIN: 824929758 · Washington, DC · NTEE: V01
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.0M |
| Net Assets | $-581,073 |
Is Joseph Rainey Center For Public Policy Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joseph Rainey Center For Public Policy Incorporated
Joseph Rainey Center For Public Policy Incorporated (EIN: 824929758) is a nonprofit organization based in Washington, DC, classified under NTEE code V01. The organization reported total revenue of $2.6M and total assets of $968K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph Rainey Center For Public Policy Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph Rainey Center For Public Policy Incorporated is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 48.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-164,039 |
| Total Assets | $214K |
| Total Liabilities | $795K |
| Net Assets | $-581,073 |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 371.9% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Joseph Rainey Center For Public Policy Incorporated reported a deficit of $164K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 371.9% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Joseph Rainey Center For Public Policy Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 48.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.2% | +5.7% | +63.5% |
| 2022 | -21.6% | +30.9% | -72.8% |
| 2021 | +85.1% | +63.9% | +110.1% |
| 2020 | +21.6% | +12.5% | +374.4% |
| 2019 | +179.3% | +353.7% | -42.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joseph Rainey Center For Public Policy Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Joseph Rainey Center For Public Policy Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $164K, with expenses exceeding revenue.
- Debt-to-asset ratio: 371.9%.
Frequently Asked Questions about Joseph Rainey Center For Public Policy Incorporated
Is Joseph Rainey Center For Public Policy Incorporated a legitimate charity?
Joseph Rainey Center For Public Policy Incorporated (EIN: 824929758) is a registered tax-exempt nonprofit based in Washington DC. It has 6 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: D.
How does Joseph Rainey Center For Public Policy Incorporated spend its money?
Joseph Rainey Center For Public Policy Incorporated reported $2.6M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joseph Rainey Center For Public Policy Incorporated tax-deductible?
Joseph Rainey Center For Public Policy Incorporated is registered as a tax-exempt nonprofit (EIN: 824929758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joseph Rainey Center For Public Policy Incorporated located?
Joseph Rainey Center For Public Policy Incorporated is headquartered in Washington, Washington DC and files with the IRS under EIN 824929758. It is classified under NTEE code V01.
How many years of IRS 990 filings does Joseph Rainey Center For Public Policy Incorporated have?
Joseph Rainey Center For Public Policy Incorporated has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.6M in total revenue.
Filing History
IRS 990 filing history for Joseph Rainey Center For Public Policy Incorporated showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Joseph Rainey Center For Public Policy Incorporated's revenue has grown by 610.9%, moving from $253K to $1.8M. Total assets increased by 156.6% over the same period, from $83K to $214K. Total functional expenses rose by 1057.2%, from $169K to $2.0M. In its most recent filing year (2023), Joseph Rainey Center For Public Policy Incorporated reported a deficit of $164K, with expenses exceeding revenue. The organization holds $795K in liabilities against $214K in assets (debt-to-asset ratio: 371.9%), resulting in net assets of $-581,073.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.0M | $214K | $795K | — | — |
| 2022 | $1.2M | $1.9M | $131K | $557K | — | View 990 |
| 2021 | $1.6M | $1.4M | $480K | $296K | — | View 990 |
| 2020 | $858K | $865K | $229K | $215K | — | — |
| 2019 | $706K | $769K | $48K | $28K | — | View 990 |
| 2018 | $253K | $169K | $83K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.0M, and assets of $214K (revenue +44.2% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.9M, and assets of $131K (revenue -21.6% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $480K (revenue +85.1% year-over-year).
- 2020: Revenue of $858K, expenses of $865K, and assets of $229K (revenue +21.6% year-over-year).
- 2019: Revenue of $706K, expenses of $769K, and assets of $48K (revenue +179.3% year-over-year).
- 2018: Revenue of $253K, expenses of $169K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph Rainey Center For Public Policy Incorporated:
Data Sources and Methodology
This transparency report for Joseph Rainey Center For Public Policy Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.