Life Rebuilders Inc

Analysis

Life Rebuilders Inc is a registered charity in United States, based in Fountain HLS, AZ. It received its IRS tax-exemption ruling in January 2000, 26 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Life Rebuilders Inc reported income of $217k and spending of $316k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $217k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 4957%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Rebuilders Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include Virginia Wilderness Committee ($217k), Bradford House Historical Association ($217k) and National Assistance League ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $76k (24% of expenses). Other salaries and wages came to $62k. At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.