Refuit Inc

Analysis

Refuit Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Refuit Inc reported income of $199k and spending of $202k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $199k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Refuit Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Helping Hearts Caring Souls ($199k), Center for Care & Counseling for the Csra Inc ($199k) and Pregnancy Help Center of Chesterfield ($199k).

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 $15 against liabilities of $0, net assets of $15.