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Virginia · Nonprofit

RICHMOND COMMUNITY TOOLBANK

RICHMOND COMMUNITY TOOLBANK (Virginia) receives grants from 10 organizations whose IRS filings report $707,211 to it, the largest being ELKINS DAVIS FDN CHARITABLE TRUST ($190,000). 7 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$636k
Funders on record
10
Grants received
$707k
Net assets
$605k
7/10 repeat funderspeak grant-dependency 38%
01What it does

What Richmond Community Toolbank does

Mission

Richmond Community Toolbank provides tools to enhance the charitable sector's capacity to serve, facilitating hands-on volunteerism in the greater richmond area.

As stated on its FY2024 Form 990.

Program

  1. Since 2015 richmond toolbank has loaned more than 7.5mm in tools & equipment to 500 organizations equipping 115,000 volunteers on 20,000 projects. Through our tools for change tool lending program, we have saved the nonprofit sector in central virginia over 7mm. These savings are plowed back into the services and programs our nonprofit members offer, which enables them to do more with limited resources available, year after year. Toolbank's building change program fills a growing need for outdoor furniture and placemaking infrastructure by leveraging the use of our extensive tool inventory and the power of volunteers. We provide an open request form to any community organization that experiences a need, and we fulfill those needs continually. Since 2016 we've built over 3,200 outdoor furniture items that have been donated to over 200 parks, community centers, schools, and public spaces. Richmond toolbank's toolbox program offers hands-on homecare & diy workshops to individuals to help build skills, gain confidence, and have more fun caring for their homes. All tools, materials, and workshop supplies are provided. It has hosted over 67 workshops since launching in jan 2024, with…

    $416,762 spent$641,128 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $416,762.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($176k) Expenses 100 ($197k) Net assets 100 ($382k)2018 Revenue 93 ($163k) Expenses 95 ($186k) Net assets 94 ($359k)2019 Revenue 128 ($226k) Expenses 119 ($234k) Net assets 91 ($346k)2020 Revenue 137 ($243k) Expenses 126 ($247k) Net assets 90 ($342k)2021 Revenue 249 ($440k) Expenses 183 ($359k) Net assets 111 ($422k)2022 Revenue 285 ($503k) Expenses 228 ($448k) Net assets 125 ($476k)2023 Revenue 280 ($495k) Expenses 258 ($506k) Net assets 122 ($465k)2024 Revenue 360 ($636k) Expenses 252 ($496k) Net assets 158 ($605k)
'17'18'19'20'21'22'23'24
Revenue (360)Expenses (252)Net assets (158)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 2023 to 2024, from $506k to $949k (+88%).

$382k
$359k
$346k
$342k
$422k
$615k
$506k
$949k
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 11% · 2021 3% · 2023 2% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

70% of RICHMOND COMMUNITY TOOLBANK’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,454 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$20k
’17
−$23k
’18
−$9k
’19
−$4k
’20
$81k
’21
$54k
’22
−$12k
’23
$140k
’24
14
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.

201920202021202220232024
Listed181815141313
Joined·+2+5+1+8+0
No longer listed·28290
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $1k → $81k.

4 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% 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 RICHMOND COMMUNITY TOOLBANK’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

RICHMOND COMMUNITY TOOLBANK leans on a few funders — its largest provides 27% of grant income and the top three 67%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

59% 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 RICHMOND COMMUNITY TOOLBANK.

27%
largest funder
67%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 54% · 2021 36% · 2022 47% · 2023 31% — diversifying over time.

“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.

How long its funders stay

20% of RICHMOND COMMUNITY TOOLBANK's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

58% of RICHMOND COMMUNITY TOOLBANK'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 $294k that is directly attributable, 65% of it comes from funders outside Virginia, across 2 states.

MI
VA

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

’17
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $414k arriving through sponsors registered in 4 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.

04Its place in the field

Against its field

RICHMOND COMMUNITY TOOLBANK runs a healthier operating margin than three-quarters of the 11,990 community improvement nonprofits its size.

Operating margin22% · top quartile
Months of reserve14.0mo · above the median
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 11,990 community improvement nonprofits $100k–$1M, FY2024

Organizations like RICHMOND COMMUNITY TOOLBANK

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 Virginia

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 9%Fundraising 6%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

65%

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

Screen this organization

A dated, signed PDF of the compliance screen for RICHMOND COMMUNITY TOOLBANK: 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 RICHMOND COMMUNITY TOOLBANK?
RICHMOND COMMUNITY TOOLBANK (Virginia) receives grants from 10 organizations whose IRS filings report $707,211 to it, the largest being ELKINS DAVIS FDN CHARITABLE TRUST ($190,000). 7 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does RICHMOND COMMUNITY TOOLBANK have?
IRS filings report 10 organizations giving $707,211 in grants to RICHMOND COMMUNITY TOOLBANK, 7 of which have funded it in more than one year.
Who is the largest funder of RICHMOND COMMUNITY TOOLBANK?
ELKINS DAVIS FDN CHARITABLE TRUST is the largest funder on record, with $190,000 in grants. The full list of funders is on this page.
How can an organization like RICHMOND COMMUNITY TOOLBANK 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.

Play a game about who funds Richmond Community Toolbank →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 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 22, 2026. What this page cannot tell you · view filing