Rebound Foundation Inc

Analysis

Rebound Foundation Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rebound Foundation Inc reported income of $482k and spending of $137k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $482k (+297%), an average of +296% a year. The sharpest change came in the year to December 2023, when income rose by 297%. Over the whole period it spent 37% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebound Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Benjamin H Wilson Senior Center ($482k), The Fam ($482k) and Regeneration Ministries Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $693k against liabilities of $147k, net assets of $545k.