Rein Center

Analysis

Rein Center is a registered charity in United States, based in Clay City, IN. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rein Center reported income of $277k and spending of $59k, leaving 79% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $5,308 to $277k (+5117%), an average of +274% a year. The sharpest change came in the year to December 2021, when income rose by 11187%. Over the whole period it spent 5.6% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rein Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Algiers Economic Development Foundation Inc ($277k), Knights of Columbus Pro Lite Foundation of Nebraska Inc ($277k) and Care-A-Lot Fund ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.