Repay Inc

Analysis

Repay Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Repay Inc reported income of $717k and spending of $719k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $470k to $717k (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Repay Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Voices for Casa Children Inc ($717k), Urban Leaders Fellowship ($718k) and Casa of Clackamas County ($717k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $417k. At year end it held assets of $193k against liabilities of $61k, net assets of $133k. It reported 11 employees.