Regenesis

Analysis

Regenesis is a registered charity in United States, based in Chester, VA. It received its IRS tax-exemption ruling in October 2012, 14 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 2023, Regenesis reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $710k to $1.3m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Regenesis sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Eagle Mountain Volunteer Emergency Medical Services Inc ($1.3m), Boyertown Lions Community Ambulance Service Inc ($1.3m) and Newark Transitional Supervised Living Program Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 73% of the total. Other salaries and wages came to $510k. At year end it held assets of $846k against liabilities of $619k, net assets of $226k. It reported 40 employees.