Rhythm of the Rein Inc

Analysis

Rhythm of the Rein Inc is a registered charity in United States, based in Waterbury Ctr, VT. It received its IRS tax-exemption ruling in August 2008, 18 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 December 2023, Rhythm of the Rein Inc reported income of $132k and spending of $140k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $132k (+114%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rhythm of the Rein Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 34th percentile within VT. Charities of a similar size with the same main cause include Baby Institute Inc ($132k), Boggy Bayou Festival Inc Hwy 1152 ($132k) and Vermont Parent Child Center Network ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 73% of the total. At year end it held assets of $42k against liabilities of $18k, net assets of $25k.