Redimere Group

Analysis

Redimere Group is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Redimere Group reported income of $203k and spending of $172k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $203k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redimere Group sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Harvest Seminary ($203k), Christian Resource Center ($203k) and Assembly of God Mission Ministry International Corp ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $143k (83% of expenses). At year end it held assets of $106k against liabilities of $0, net assets of $106k. It reported 1 employees.