Regenerating Life Ministries Inc

Analysis

Regenerating Life Ministries Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in September 2001, 25 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, Regenerating Life Ministries Inc reported income of $372k and spending of $366k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $372k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Regenerating Life Ministries Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Christian Arabic Services ($372k), Metanoia Missions International ($372k) and Friends of Our Lady of Martyrs Shrine Inc ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $78k (21% of expenses). Other salaries and wages came to $66k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 3 employees.