Rehmann Foundation

Analysis

Rehmann Foundation is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in March 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, Rehmann Foundation reported income of $186k and spending of $111k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $206k to $186k (-9.5%), an average of -4.9% a year. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rehmann Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Mercy for Life Corp ($186k), Childrens School of Savannah Inc ($186k) and Asi Minot Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $321k against liabilities of $3,400, net assets of $317k.