The Regeneration Center

Analysis

The Regeneration Center is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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, The Regeneration Center reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $783k to $1.4m (+75%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Regeneration Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Croquet Foundation of America Inc ($1.4m), Stony Point Ambulance Corps Inc ($1.4m) and Nevada Womens Fund ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $69k. At year end it held assets of $464k against liabilities of $41k, net assets of $423k. It reported 2 employees.