Redeemed Living

Analysis

Redeemed Living is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Redeemed Living reported income of $183k and spending of $88k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $66k to $183k (+176%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Redeemed Living sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include New Bees Thrift Store ($183k), Senior Community Outreach Center Corp ($183k) and Veterans Miracle Center ($183k).

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. At year end it held assets of $368k against liabilities of $251k, net assets of $117k.