Regency Cares

Analysis

Regency Cares is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in January 2018, 8 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, Regency Cares reported income of $105k and spending of $62k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $105k (+11%), an average of +11% a year. 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, Regency Cares sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within SD. Charities of a similar size with the same main cause include Comet Kids Childcare ($105k), Foodwaves ($105k) and Golden Rays Senior Citizens of Sierra County Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.