Rebuilding the Village Inc

Analysis

Rebuilding the Village Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rebuilding the Village Inc reported income of $57k and spending of $78k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $57k (-41%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 124% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rebuilding the Village Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Rotary Club of McMinnville Foundation Inc ($57k), Dubuque Jaycees Foundation ($57k) and Georgia Goodwill Association Inc ($57k).

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 $13k against liabilities of $8,641, net assets of $4,209.