Rein Foundation Inc

Analysis

Rein Foundation Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Foundation Inc reported income of $354k and spending of $281k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $354k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 141% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rein Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include The Better Life Foundation Inc ($353k), Womens Microfinance Initiative Corporation ($354k) and Quarry Farm Foundation Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $5.5m against liabilities of $3,400, net assets of $5.5m.