Reclaim Life Inc

Analysis

Reclaim Life Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reclaim Life Inc reported income of $138k and spending of $1,685, leaving 99% of income unspent that year. Over the whole period it spent 1.2% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reclaim Life 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 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Valley Life Improvement Center ($138k), Compassionate Hearts Network Inc ($138k) and The Order of St John-Malta-Knights Hospitaller Commandery of Ny Inc ($138k).

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 $164k against liabilities of $0, net assets of $164k.