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Washington, D.C. · Nonprofit

REFUGEE INVESTMENT NETWORK INC

REFUGEE INVESTMENT NETWORK INC (Washington, D.C.) receives grants from 5 organizations whose IRS filings report $738,186 to it, the largest being ACUMEN FUND INC ($484,986). 2 of them have funded it in more than one year.

Revenue FY2024
$1.1M
Funders on record
5
Grants received
$738k
Net assets
$76k
2/5 repeat funderspeak grant-dependency 28%
01What it does

What Refugee Investment Network Inc does

Mission

Unlocking refugee self-reliance by building the investment ecosystem for refugee lens investing (rli).

As stated on its FY2024 Form 990.

Program

  1. Continued to build the refugee lens investing ecosystem. Conducted field-building work in jordan, kenya, zambia, and colombia.in 2024, the refugee investment network (rin) made significant strides in advancing refugee lens investing (rli) globally and especially across east africa, positioning itself as a thought leader and ecosystem builder in the field. Through its technical assistance facility, rin directly impacted the lives of 11,112 refugees and host community members across uganda, kenya, and ethiopia, with nearly 2,400 individuals demonstrating improved self-reliance. Rin engaged over 2,000 stakeholders through events, partnerships, and the dissemination of newly developed tools such as the rli impact measurement tool, the rli ecosystem measurement report, and a comprehensive ta playbook. These tools, alongside key partnerships with igad and the world bank, have helped embed rli principles across sectors and countries. With the launch of a global community of practice, the completion of three enterprise ta pilots, and participation in high-profile convenings such as the global refugee forum and the eavca conferences, rin has laid a durable foundation for expanding…

    $995,422 spent$566,037 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $995,422.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($572k) Expenses 100 ($557k) Net assets -5 ($-11862)2022 Revenue 219 ($1.3M) Expenses 176 ($981k) Net assets 100 ($240k)2023 Revenue 96 ($551k) Expenses 140 ($776k) Net assets 6 ($15k)2024 Revenue 200 ($1.1M) Expenses 195 ($1.1M) Net assets 31 ($76k)
2021202220232024
Revenue (200)Expenses (195)Net assets (31)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $297k to $69k (−77%).

$385k
$297k
$69k
$185k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 44%. Grants only. Government contracts and fees sit inside program revenue.

51% of REFUGEE INVESTMENT NETWORK INC’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$16k
’21
$270k
’22
−$225k
’23
$61k
’24
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Timothy W Docking

CEO/president, secretary

As listed on its FY2024 Form 990.

2021202220232024
Listed5667
Joined·+2+0+2
No longer listed·101
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $40k → $152k.

Funder
'20
'21
'22
'23
'24*
total
Acumen Fund Incunclassified
$485k
funders
1
1
2
1
2

From the IRS filings of REFUGEE INVESTMENT NETWORK INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

REFUGEE INVESTMENT NETWORK INC leans on a few funders — its largest provides 66% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund REFUGEE INVESTMENT NETWORK INC.

66%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

REFUGEE INVESTMENT NETWORK INC draws 93% of its grant income from funders outside Washington, D.C., across 4 states in all.

NY
MA
KY
DC

In-state vs out-of-state, by year

’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

REFUGEE INVESTMENT NETWORK INC has grown faster than three-quarters of the 11,263 human services nonprofits its size.

Operating margin5% · above the median
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Government funding REFUGEE INVESTMENT NETWORK INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $725k on record.

Federal$725k
grants $725kcontracts $0
Top agencies
  • Department of State$725k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like REFUGEE INVESTMENT NETWORK INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for REFUGEE INVESTMENT NETWORK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REFUGEE INVESTMENT NETWORK INC?
REFUGEE INVESTMENT NETWORK INC (Washington, D.C.) receives grants from 5 organizations whose IRS filings report $738,186 to it, the largest being ACUMEN FUND INC ($484,986). 2 of them have funded it in more than one year.
How many funders does REFUGEE INVESTMENT NETWORK INC have?
IRS filings report 5 organizations giving $738,186 in grants to REFUGEE INVESTMENT NETWORK INC, 2 of which have funded it in more than one year.
Who is the largest funder of REFUGEE INVESTMENT NETWORK INC?
ACUMEN FUND INC is the largest funder on record, with $484,986 in grants. The full list of funders is on this page.
How can an organization like REFUGEE INVESTMENT NETWORK INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Refugee Investment Network →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing