Restoring Individuals Through Service and Engagement Inc

Analysis

Restoring Individuals Through Service and Engagement Inc is a registered charity in United States, based in Baltimore, MD. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Restoring Individuals Through Service and Engagement Inc reported income of $189k and spending of $11k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,000 to $189k (+18804%), an average of +18804% a year. The sharpest change came in the year to December 2023, when income rose by 18804%. Over the whole period it spent 5.8% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restoring Individuals Through Service and Engagement Inc 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 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Straight Up Abilities Inc ($189k), Peters Pantry Inc ($189k) and Children of Mine ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.