Rural Economic Assistance League Inc

Analysis

Rural Economic Assistance League Inc is a registered charity in United States, based in Alice, TX. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rural Economic Assistance League Inc reported income of $10.2m and spending of $9.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $10.2m (+28%), an average of +6.4% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rural Economic Assistance League Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include The Florida Center for Early Childhood Inc ($10.2m), Functional Life Achievement Inc ($10.2m) and Rural Resources Community Action ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $9.4m against liabilities of $3.0m, net assets of $6.4m. It reported 271 employees.