Skip to the page content
Your donations
Passes our checks

R3 Development NFP

EIN 47-3017705 · E Saint Louis, IL

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

LegitimacyPassesRegistration and standingFinancial healthFair66 out of 100GovernanceGood82 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

EMPOWERING EAST ST. LOUIS YOUTH THROUGH EDUCATION, WORKFORCE DEVELOPMENT, AND THE CREATION OF AFFORDABLE HOUSING SOLUTIONS TO BUILD A MORE RESILIENT COMMUNITY.

Income
$670,898
Spending
$643,180
Spent on programs
79%
Reserves
1.8 months of spending
Largest source of income
donations and private grants, 95%
Employees
41
Volunteers
250

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 66 out of 100. Higher than 66% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.8 months of spending.

  • Debt

    16 of 20

    It owes 28% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    10 of 15

    Income fell 1% on the year before.

  • Spending floor

    15 of 15

    79% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 82 out of 100. Higher than 53% of charities in its peer group (housing, $250k to $1m).

  • 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

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • 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 December 31, 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 (2)
  1. $372,577 spent. AS A VEHICLE FOR JOB-TRAINING AND COMMUNITY TRANSFORMATION, R3 EMPLOYS YOUTH TO REHAB BLIGHTED OR DILAPIDATED PROPERTIES IN EAST ST. LOUIS, ILLINOIS. WE EDUCATE, EMPLOY, AND TRAIN YOUTH TO GROW IN HEALTHY RELATIONSHIPS AS WELL AS EMPOWER THEM WITH SKILLS NEEDED TO SUCCESSFULLY ENTER THE WORKFORCE. WE SPECIALIZE IN CONSTRUCTION TRADES TRAINING AND AFFORDABLE HOUSING SERVICES, AND WE HOST PROGRAMS THAT FOSTER RACIAL RECONCILIATION ACROSS THE ST. LOUIS REGION.
  2. $137,162 spent. R3 CAREERS ACADEMY YOUTHBUILD PROVIDES ALTERNATIVE EDUCATION FOR OPPORTUNITY YOUTH AGES 16-21, WHO NEED SPECIALIZED HELP OBTAINING THEIR HIGH SCHOOL DIPLOMA AND PREPARING FOR THEIR FUTURE. THE PROGRAM PROVIDES ACADEMIC REMEDIATION, CONSTRUCTION CREDENTIALS, AND OVERALL CAREER, LIFE, AND LEADERSHIP TRAINING.

Source: Form 990 for the year ending December 31, 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 December 2025.

    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 July 2015.

    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.