Re-Made for a Purpose

Analysis

Re-Made for a Purpose is a registered charity in United States, based in Fulton, MO. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Re-Made for a Purpose reported income of $144k and spending of $140k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $144k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Re-Made for a Purpose sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Camp Mariastella Inc ($144k), Poor and Indigent Peoples Care Trust ($144k) and Lake Francis Case Development Corporation Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $38k (27% of expenses). Other salaries and wages came to $64k. At year end it held assets of $352k against liabilities of $183k, net assets of $169k. It reported 16 employees.