The Re Uzit Shop of New Holland Inc

Analysis

The Re Uzit Shop of New Holland Inc is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, The Re Uzit Shop of New Holland Inc reported income of $2.0m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.4m to $2.0m (+43%), an average of +9.4% a year. The sharpest change came in the year to March 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Re Uzit Shop of New Holland Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Turning Point Endowment Inc ($2.0m), At Home Mission NFP ($2.0m) and New Path Couples Therapy Inc ($2.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Other salaries and wages came to $638k. At year end it held assets of $2.6m against liabilities of $30k, net assets of $2.5m. It reported 18 employees.