Reins of Life Inc
Analysis
Reins of Life Inc is a registered charity in United States, based in Eastanollee, GA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Reins of Life Inc reported income of $146k and spending of $148k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $146k (+14%), an average of +14% a year. Over the whole period it spent 105% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reins of Life Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Greene County Community Fund Inc ($146k), West Oakland Mural Project ($146k) and Wasatch Capsa Support Foundation ($146k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. At year end it held assets of $85k against liabilities of $4,600, net assets of $80k.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 40%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greene County Community Fund Inc | Paragould | $146k |
| West Oakland Mural Project | Oakland | $146k |
| Wasatch Capsa Support Foundation | Logan | $146k |
| S O L I D | Nashville | $146k |