Rescyou Group

Analysis

Rescyou Group is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in February 2022, 4 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, Rescyou Group reported income of $547k and spending of $456k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $547k (+162%), an average of +162% a year. The sharpest change came in the year to December 2023, when income rose by 162%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rescyou Group sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Thrive Memphis ($547k), Youth with a Mission-Houston ($547k) and Wabash County Lighthouse Missions Inc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $40k (8.8% of expenses). Other salaries and wages came to $69k. At year end it held assets of $165k against liabilities of $1,263, net assets of $164k. It reported 8 employees.