Reformed Benefits Association
Analysis
Reformed Benefits Association is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Reformed Benefits Association reported income of $13.7m and spending of $13.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.8m to $13.7m (-23%), an average of -6.3% a year. Over the whole period it spent 92% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reformed Benefits Association 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 MI. Charities of a similar size with the same main cause include Dientes Community Dental Care ($13.7m), Sunset Home ($13.7m) and Health Recovery Services Inc ($13.7m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $192k (1.4% of expenses). Other salaries and wages came to $89k. At year end it held assets of $9.8m against liabilities of $1.9m, net assets of $7.9m. It reported 2 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dientes Community Dental Care | Santa Cruz | $13.7m |
| Sunset Home | Quincy | $13.7m |
| Health Recovery Services Inc | Athens | $13.7m |
| Avidd Community Services of New Jersey Inc | Denville | $13.7m |