Reeds Refuge Center Incorporated
EIN: 262523634 · Wilmington, DE · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $510K |
| Total Expenses | $333K |
| Net Assets | $713K |
Is Reeds Refuge Center Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reeds Refuge Center Incorporated
Reeds Refuge Center Incorporated (EIN: 262523634) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P33. The organization reported total revenue of $510K and total assets of $802K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reeds Refuge Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reeds Refuge Center Incorporated is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $323K |
| Total Expenses | $333K |
| Surplus / Deficit | $-10,325 |
| Total Assets | $713K |
| Net Assets | $713K |
| Operating Margin | -3.2% |
| Months of Reserves | 25.7 months |
Financial Health Grade: B
In 2023, Reeds Refuge Center Incorporated reported a deficit of $10K with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.7% | +6.8% | -1.4% |
| 2022 | +212.9% | -9.1% | +16203.8% |
| 2021 | -2.1% | +3.0% | -75.4% |
| 2020 | +26.1% | +21.1% | +22.8% |
| 2019 | -22.2% | -9.7% | -80.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reeds Refuge Center Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reeds Refuge Center Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Reeds Refuge Center Incorporated
Is Reeds Refuge Center Incorporated a legitimate charity?
Reeds Refuge Center Incorporated (EIN: 262523634) is a registered tax-exempt nonprofit based in Delaware. It has 12 years of IRS 990 filings on record. Total revenue: $510K. No red flags identified. Financial health grade: B.
How does Reeds Refuge Center Incorporated spend its money?
Reeds Refuge Center Incorporated reported $510K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Reeds Refuge Center Incorporated tax-deductible?
Reeds Refuge Center Incorporated is registered as a tax-exempt nonprofit (EIN: 262523634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reeds Refuge Center Incorporated located?
Reeds Refuge Center Incorporated is headquartered in Wilmington, Delaware and files with the IRS under EIN 262523634. It is classified under NTEE code P33.
How many years of IRS 990 filings does Reeds Refuge Center Incorporated have?
Reeds Refuge Center Incorporated has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $510K in total revenue.
Filing History
IRS 990 filing history for Reeds Refuge Center Incorporated showing financial trends over 12 years of public records:
Total assets increased by 71290800% over the same period, from $1 to $713K. In its most recent filing year (2023), Reeds Refuge Center Incorporated reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $323K | $333K | $713K | $0 | — | — |
| 2022 | $1.0M | $312K | $723K | $0 | — | View 990 |
| 2021 | $329K | $343K | $4K | $0 | — | View 990 |
| 2020 | $336K | $333K | $18K | $0 | — | — |
| 2019 | $267K | $275K | $15K | $0 | — | View 990 |
| 2018 | $343K | $304K | $75K | $0 | — | View 990 |
| 2017 | $189K | $150K | $37K | $0 | — | View 990 |
| 2016 | $30K | $31K | $1 | $885 | — | View 990 |
| 2015 | $52K | $46K | $540 | $0 | — | View 990 |
| 2014 | $11K | $19K | $9 | $0 | — | View 990 |
| 2013 | $101K | $99K | $1 | $2K | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $323K, expenses of $333K, and assets of $713K (revenue -68.7% year-over-year).
- 2022: Revenue of $1.0M, expenses of $312K, and assets of $723K (revenue +212.9% year-over-year).
- 2021: Revenue of $329K, expenses of $343K, and assets of $4K (revenue -2.1% year-over-year).
- 2020: Revenue of $336K, expenses of $333K, and assets of $18K (revenue +26.1% year-over-year).
- 2019: Revenue of $267K, expenses of $275K, and assets of $15K (revenue -22.2% year-over-year).
- 2018: Revenue of $343K, expenses of $304K, and assets of $75K (revenue +81.6% year-over-year).
- 2017: Revenue of $189K, expenses of $150K, and assets of $37K (revenue +534.9% year-over-year).
- 2016: Revenue of $30K, expenses of $31K, and assets of $1 (revenue -42.6% year-over-year).
- 2015: Revenue of $52K, expenses of $46K, and assets of $540 (revenue +356.7% year-over-year).
- 2014: Revenue of $11K, expenses of $19K, and assets of $9 (revenue -88.8% year-over-year).
- 2013: Revenue of $101K, expenses of $99K, and assets of $1.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reeds Refuge Center Incorporated:
Data Sources and Methodology
This transparency report for Reeds Refuge Center Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.