Rebuilding Together Spartanburg Inc

Analysis

Rebuilding Together Spartanburg Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Rebuilding Together Spartanburg Inc reported income of $111k and spending of $96k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $162k to $111k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rebuilding Together Spartanburg Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Plymouth South Panthers Booster Club Inc ($111k), Globalfest Inc ($111k) and Metamorphosis Conference ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $21k (22% of expenses). Other salaries and wages came to $12k. At year end it held assets of $234k against liabilities of $11k, net assets of $223k. It reported 5 employees.