Reesspecht Life Foundation Inc

Analysis

Reesspecht Life Foundation Inc is a registered charity in United States, based in Miller Place, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Reesspecht Life Foundation Inc reported income of $80k and spending of $95k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $80k (+15%), an average of +15% a year. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reesspecht Life Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Mason Youth Football ($80k), Jeff Davis Christian Academy Inc ($80k) and Little League Baseball Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,052 against liabilities of $95k, net assets of -$93k.