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Virginia · Nonprofit

RETHINK CHARITY

RETHINK CHARITY (Virginia) receives grants from 23 organizations whose IRS filings report $7,639,298 to it, the largest being Silicon Valley Community Foundation ($2,494,040). 12 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. RETHINK CHARITY administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2023
$43k
Funders on record
23
Grants received
$7.6M
Net assets
$0
12/23 repeat funders

Hosts funds for others

RETHINK CHARITY administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programRETHINK CHARITY runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$8.8M

Recipients

42

Contributions on record

$7.6M

Donors on record

23

Payments out are 1.16x the contributions on record, so most of what arrives moves on within the period covered here.

01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($246k) Expenses 100 ($117k) Net assets 100 ($129k)2019 Revenue 567 ($1.4M) Expenses 834 ($976k) Net assets 425 ($550k)2020 Revenue 1227 ($3.0M) Expenses 2919 ($3.4M) Net assets 121 ($156k)2021 Revenue 2086 ($5.1M) Expenses 4439 ($5.2M) Net assets 76 ($98k)2022 Revenue 3092 ($7.6M) Expenses 6153 ($7.2M) Net assets 396 ($512k)2023 Revenue 18 ($43k) Expenses 1086 ($1.3M) Net assets 0 ($0)
201820192020202120222023
Revenue (18)Expenses (1086)Net assets (0)

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 $1.2M to $0 (−100%).

$132k
$562k
$179k
$1.1M
$1.2M
$0
201820192020202120222023
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.

2018
2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$129k
’18
$420k
’19
−$394k
’20
−$58k
’21
$414k
’22
−$1.2M
’23
2.0
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

Soon Khen Ow Yong

Executive director & presi

As listed on its FY2023 Form 990.

201820192020202120222023
Listed510111188
Joined·+5+1+0+1+0
No longer listed·00040
02Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $160k → $590k.

15 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RETHINK CHARITY’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.

Where its funders are

73% of RETHINK CHARITY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.0M that is directly attributable, 100% of it comes from funders outside Virginia, across 3 states.

CA
DE
KS

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

’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $5.6M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

03Its place in the field
04Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

NY
CA
VA

Screen this organization

A dated, signed PDF of the compliance screen for RETHINK CHARITY: 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 RETHINK CHARITY?
RETHINK CHARITY (Virginia) receives grants from 23 organizations whose IRS filings report $7,639,298 to it, the largest being Silicon Valley Community Foundation ($2,494,040). 12 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. RETHINK CHARITY administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does RETHINK CHARITY have?
IRS filings report 23 organizations giving $7,639,298 in grants to RETHINK CHARITY, 12 of which have funded it in more than one year.
Who is the largest funder of RETHINK CHARITY?
Silicon Valley Community Foundation is the largest funder on record, with $2,494,040 in grants. The full list of funders is on this page.
How can an organization like RETHINK CHARITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2018–2023), and the filings of 23 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