Re-Knowvate Inc

Analysis

Re-Knowvate Inc is a registered charity in United States, based in Spring Valley, CA. It received its IRS tax-exemption ruling in March 2020, 6 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 2021, Re-Knowvate Inc reported income of $138k and spending of $23k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $88k to $138k (+57%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 18% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Re-Knowvate 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 47th percentile within CA. Charities of a similar size with the same main cause include Breastfeeding Outreach for Greater Washington ($138k), Employee Relief Foundation ($138k) and Believe & Inspire ($138k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $879k against liabilities of $438k, net assets of $442k.