R&e Family Foundation
Analysis
R&e Family Foundation is a registered charity in United States, based in Bruce TWP, MI. It received its IRS tax-exemption ruling in October 2019, 7 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, R&e Family Foundation reported income of $64k and spending of $74k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $64k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 122% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, R&e Family Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Believe in the Children Inc ($64k), Central New York Community Solutions Inc ($64k) and Seeds of Hope Worldwide Missions ($64k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Believe in the Children Inc | Freeport | $64k |
| Central New York Community Solutions Inc | Utica | $64k |
| Seeds of Hope Worldwide Missions | Waller | $64k |
| Open Door Biblical Counseling Center | Greenville | $64k |