Representative Financial Services Inc

Analysis

Representative Financial Services Inc is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in April 2021, 5 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, Representative Financial Services Inc reported income of $68k and spending of $68k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $68k (-1.7%), an average of -1.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Representative Financial Services Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Cougar Cubs Daycare Center Inc ($67k), Fathers and Mothers Infants Elders and Youth Inc ($68k) and Mayfair Gardens Montessori Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $9,562 against liabilities of $858, net assets of $8,704.