richers hope charities is a private foundation focused on Human Services, based in WOODBRIDGE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 2 grants totaling $92K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
-91.6% YoY
Annual Giving
$92K
+1073.1% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$46K
+1659.6% YoY
Under IRS private-foundation payout rules, richers hope charities reported a distributable amount of $985 for 2024 — the minimum it must pay out in qualifying distributions.
About richers hope charities
Based on IRS filings
richers hope charities is a private foundation focused on Human Services, based in WOODBRIDGE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 2 grants totaling $92K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,169 | $61,314 | $21,000 |
| Revenue | $43,517 | $50,000 | $21,000 |
| Expenses | $93,520 | $9,686 | — |
| Qualifying Distributions | — | $9,686 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $985 | — | $1,034 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include San Jacinto Parish ($90,000), Commissioned By Christ ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| San Jacinto Parish | Build and upgrade church infrastructure in poor community | $90,000 |
| Commissioned By Christ Arlington, VA | Missionary expenses and charity materiel | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| sherwood richers | president | — | — |
| rina cabrera richers | secretary/treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is richers hope charities?
richers hope charities is a nonprofit organization focused on Human Services, based in WOODBRIDGE, VA. It holds $5K in total assets as of 2024.
How large is richers hope charities?
As of 2024, richers hope charities holds $5K in total assets with $44K in annual revenue. It awarded 2 grants totaling $92K in 2024.
Where does richers hope charities operate?
richers hope charities has awarded grants in California, Virginia.
What size grants does richers hope charities award?
In 2024, richers hope charities awarded 2 grants totaling $92K — an average of about $46K per grant, based on its IRS Form 990 filings.
How much is richers hope charities required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, richers hope charities reported a distributable amount of $985 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is richers hope charities's EIN?
richers hope charities's EIN (Employer Identification Number) is 88-4011751. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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