Rebuilding Hope Inc

Analysis

Rebuilding Hope Inc is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in February 2007, 19 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, Rebuilding Hope Inc reported income of $168k and spending of $192k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $168k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebuilding Hope Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Omni Residence Inc ($168k), Good Shepherd of Washington ($168k) and Cissna Park Senior Life Development NFP ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $20k (11% of expenses). At year end it held assets of $563k against liabilities of $3,153, net assets of $560k. It reported 2 employees.