Rural Empowerment Association for Community Help

Analysis

Rural Empowerment Association for Community Help is a registered charity in United States, based in Warsaw, NC. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rural Empowerment Association for Community Help reported income of $404k and spending of $474k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $218k to $404k (+85%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 70%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rural Empowerment Association for Community Help sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Pathways to Independence Inc ($404k), Source Studio Inc ($404k) and Faith Hope & Love School ($404k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $140k (29% of expenses). Other salaries and wages came to $57k. At year end it held assets of $317k against liabilities of $18k, net assets of $299k. It reported 8 employees.