Re Gen Er Ate

Analysis

Re Gen Er Ate is a registered charity in United States, based in Grandville, MI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Re Gen Er Ate reported income of $211k and spending of $212k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $211k (+14%), an average of +14% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Re Gen Er Ate sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include New Foundation House of Hope Inc ($211k), Mb2 Family Foundation ($211k) and Bridge to Hope Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $73k against liabilities of $5,494, net assets of $68k. It reported 4 employees.