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Passes our checks

Rakhma Inc

EIN 36-3371903 · Minneapolis, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair62 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

RAKHMA CHAMPIONS DIGNITY IN THE CARE OF INDIVIDUALS LIVING WITH MEMORY LOSS IN A FAMILIAR HOME ENVIRONMENT.

Income
$3.1 million
Spending
$3.0 million
Spent on programs
87%
Reserves
2.9 months of spending
Largest source of income
fees for its services, 90%
Employees
86
Volunteers
12
Highest pay
$99,692, executive director

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 62 out of 100. Higher than 34% of charities in its peer group (health care, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.9 months of spending.

  • Debt

    10 of 20

    It owes 30% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 11 cents.

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $2.7 million spent. RAKHMA PROVIDES COMPASSIONATE, PERSON-CENTERED MEMORY CARE IN THREE LICENSED RESIDENTIAL HOMES IN MINNEAPOLIS, ST. PAUL, AND MINNETONKA. IN THE 2024 FISCAL YEAR, 40 RESIDENTS AND THEIR FAMILIES BENEFITED FROM RAKHMA'S SOCIAL MODEL OF CARE, WHICH EMPHASIZES MEANINGFUL ENGAGEMENT, BELONGING, AND DIGNITY IN A FAMILIAR HOME SETTING. RAKHMA REMAINS COMMITTED TO SERVING INDIVIDUALS ON MEDICAID: MORE THAN 80% OF OUR RESIDENTS RECEIVE CARE THROUGH GOVERNMENT ASSISTANCE, AN EXCEPTIONALLY RARE MODEL IN RESIDENTIAL MEMORY CARE, WHERE PROVIDERS OFTEN LIMIT OR EXCLUDE MEDICAID-SUPPORTED RESIDENTS. RAKHMA MAINTAINS A 1:5 STAFFING RATIO AND DELIVERS CARE THROUGH HIGHLY INDIVIDUALIZED ROUTINES AND CARE PLANS. IN ITS 40TH YEAR, RAKHMA COMPLETED MAJOR GRANT-FUNDED PROJECTS, INCLUDING A FULL FIRST-FLOOR RENOVATION, DEMENTIA-FRIENDLY REDESIGNS, NEW, BEAUTIFICATION PROJECTS, A REBUILT DECK, AND WHEELCHAIR RAMPS. WITH OVER 120 OUTINGS OFFERED ANNUALLY, RESIDENTS CONTINUE TO PARTICIPATE IN COMMUNITY LIFE THROUGH TRIPS TO PARKS, LAKES, CONCERTS, AND GARDENS. ROOTED IN LOVE AND DIGNITY, RAKHMA CONTINUES TO BE A PLACE WHERE MEMORY CARE FEELS LIKE HOME: AND WHERE EVERY PERSON IS SEEN, KNOWN, AND CHERISHED.

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending November 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1985.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.