The Relevate Group Inc

Analysis

The Relevate Group Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Relevate Group Inc reported income of $5.0m and spending of $3.8m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $5.0m (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Relevate Group Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Stone Table Inc ($5.0m), Uta of KJ SC Inc ($5.1m) and Heart for Africa Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $488k (13% of expenses). Other salaries and wages came to $413k. It paid $212k in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $417k, net assets of $1.9m. It reported 13 employees.