Raza Development Fund Inc
410 E Southern Ave, Phoenix, AZ · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $44,302,420 | $25,986,480 | $130,581,275 |
| FY2024 | $25,660,512 | $23,615,314 | $112,265,335 |
| FY2023 | $26,318,340 | $20,725,703 | $107,831,941 |
| FY2022 | $48,137,884 | $24,595,544 | $102,239,304 |
| FY2021 | $23,229,153 | $16,701,198 | $78,696,964 |
| FY2020 | $19,838,701 | $17,092,489 | $72,169,009 |
| FY2019 | $17,322,425 | $16,665,600 | $70,388,567 |
| FY2018 | $17,305,775 | $12,489,760 | $69,731,742 |
| FY2017 | $19,457,001 | $13,087,811 | $64,613,331 |
| FY2016 | $9,691,173 | $9,687,707 | $58,826,145 |
| FY2015 | $11,746,648 | $10,246,649 | $58,124,385 |
| FY2014 | $14,677,007 | $9,643,883 | $56,624,386 |
| FY2013 | $8,225,481 | $7,478,543 | $51,591,262 |
| FY2012 | $6,757,435 | $6,379,386 | $50,844,324 |
Form 990 filings
The returns filed by Raza Development Fund Inc (EIN 52-1954196), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $20,622,907 | 47% |
| Program service revenue | $20,878,208 | 47% |
| Other revenue | $2,801,305 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $20,904,888 | 80% |
| Management & general | $4,924,125 | 19% |
| Fundraising | $157,467 | 1% |
What the numbers show
- Program service revenue made up 47% of total revenue in FY2025.
- Program services accounted for 80% of functional expenses, management & general 19%, and fundraising 1%.
- 80% of functional expenses went to program services in FY2025. That is higher than 23.5% of 480 Community Improvement & Capacity Building organizations nationwide (too few in AZ for a state comparison).
- Net assets covered about 60.3 months of expenses at the end of the reporting year. That puts it in the 90th percentile among 323 Community Improvement & Capacity Building organizations in AZ.
- Total revenue was the highest among 326 Community Improvement & Capacity Building organizations in AZ.
- Total revenue rose from $6,757,435 in FY2012 to $44,302,420 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- The highest revenue on record here is $48,137,884 in FY2022.
- Net assets grew from $50,844,324 to $130,581,275 between FY2012 and FY2025.
- Contributions and grants made up 24% of revenue in FY2012 and 47% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
RDF IS A MISSION-DRIVEN COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) DEDICATED TO UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA.
IRS status
| Ruling year | 1996 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | S43Z — Community Improvement & Capacity Building |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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