Redempta Services NFP

Analysis

Redempta Services NFP is a registered charity in United States, based in Richton Park, IL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Redempta Services NFP reported income of $2.1m and spending of $2.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.1m (+79%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Redempta Services NFP sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Tri County Senior Nutrition Project Incorporated ($2.1m), Coquille Watershed Association ($2.1m) and Successlink Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $439k (23% of expenses). Other salaries and wages came to $848k. At year end it held assets of $625k against liabilities of $103k, net assets of $522k. It reported 44 employees.