Rejuvenated Life Inc

Analysis

Rejuvenated Life Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rejuvenated Life Inc reported income of $412k and spending of $474k, spending 115% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $483k to $412k (-15%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rejuvenated Life Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include William Booth Residence Inc ($412k), House of James ($413k) and Familyforward ($412k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (7.6% of expenses). Other salaries and wages came to $183k. At year end it held assets of $66k against liabilities of $182k, net assets of -$116k. It reported 14 employees.