Recharge America Inc

Analysis

Recharge America Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in December 2018, 8 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, Recharge America Inc reported income of $444k and spending of $569k, spending 128% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $279k to $444k (+59%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Recharge America Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Georgia City-County Management Association Inc ($444k), Jubilee Jobs of Lexington Inc ($444k) and Multicultural Coalition Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.