Resale Heaven Inc

Analysis

Resale Heaven Inc is a registered charity in United States, based in Gulf Shores, AL. It received its IRS tax-exemption ruling in August 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, Resale Heaven Inc reported income of $198k and spending of $180k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $208k to $198k (-4.9%), an average of -2.5% a year. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resale Heaven Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Noble Touch Inc ($198k), Iron Horse Therapeutic Farm ($198k) and Trinity Community Commons ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. At year end it held assets of $297k against liabilities of $765, net assets of $296k.