Reins to Recovery Inc

Analysis

Reins to Recovery Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in May 2009, 17 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 December 2023, Reins to Recovery Inc reported income of $554k and spending of $358k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $554k (+162%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reins to Recovery Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Am and FM Enterprise Inc ($554k), George Washington Carver Community ($554k) and A Family Option Adoption Agency a NJ Nonprofit Corporation ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $58k (16% of expenses). Other salaries and wages came to $63k. At year end it held assets of $408k against liabilities of $119k, net assets of $289k. It reported 5 employees.