Remar-Usa Inc

Analysis

Remar-Usa Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Remar-Usa Inc reported income of $61k and spending of $70k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $260k to $61k (-76%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Remar-Usa Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Mariahs Miracle ($61k), Easter Seals Central Texas-Vaughn House Inc ($61k) and The Society on Neuroimmune Pharmacology Inc ($61k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $947k against liabilities of $72k, net assets of $875k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.