Reverence for Life & Concern for People Inc

Analysis

Reverence for Life & Concern for People Inc is a registered charity in United States, based in Granite Falls, MN. It received its IRS tax-exemption ruling in July 1971, 55 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 June 2023, Reverence for Life & Concern for People Inc reported income of $13.9m and spending of $12.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $13.9m (+19%), an average of +4.5% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reverence for Life & Concern for People Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Texas Health Medical Support ($13.9m), Redwoods Rural Health Center Inc ($13.9m) and Livwell Community Health Services Inc ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $211k (1.7% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $34.3m against liabilities of $2.7m, net assets of $31.5m. It reported 256 employees.