The Rethink Group Inc

Analysis

The Rethink Group Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, The Rethink Group Inc reported income of $27.2m and spending of $28.6m, spending 105% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $31.3m to $27.2m (-13%), an average of -3.4% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Rethink Group Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Isaiah 58 12 Foundation Inc ($27.0m), Kingdom Causes ($27.3m) and Bibleproject ($26.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.9% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $1.6m (5.4% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $4.6m against liabilities of $2.1m, net assets of $2.5m. It reported 137 employees.