Reentry House Plus Incorporated

Analysis

Reentry House Plus Incorporated is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in December 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 September 2023, Reentry House Plus Incorporated reported income of $90k and spending of $74k, spending 82% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $186k to $90k (-52%), an average of -31% a year. The sharpest change came in the year to September 2022, when income dropped by 58%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reentry House Plus Incorporated sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Haitians Helping Haitians for Christ ($90k), Vicars Landing Foundation Inc ($90k) and Northern California Center for Family Awareness Inc ($90k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $308k against liabilities of $164k, net assets of $145k.