Rakhma Inc
Public records show a registered, tax-exempt organization in good standing.
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 35Spendable reserves would cover 2.9 months of spending.
Debt
10 of 20It owes 30% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
15 of 15Income rose 15% on the year before.
Spending floor
15 of 1587% 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 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $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
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.
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.
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.
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.
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.
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.