Remerge Inc

Analysis

Remerge Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2010, 16 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 December 2023, Remerge Inc reported income of $2.5m and spending of $2.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $589k to $2.5m (+327%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 216%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Remerge Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Minchas Asher Foundation ($2.5m), Aleph-Alliance for Jewish Renewal ($2.5m) and Avila Foundation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $58k (2.2% of expenses). Other salaries and wages came to $288k. At year end it held assets of $2.0m against liabilities of $81k, net assets of $2.0m. It reported 9 employees.