Re Entry One Inc

Analysis

Re Entry One Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 2021, 5 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, Re Entry One Inc reported income of $99k and spending of $98k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,000 to $99k (+3214%), an average of +3214% a year. The sharpest change came in the year to December 2023, when income rose by 3214%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Re Entry One Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Society of St Vincent de Paul St Juliana Falconieri Conference ($99k), Hilltop Home Foundation ($99k) and Reimagine ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $1,192 against liabilities of $0, net assets of $1,192.