Charity Search / REDEEMER CENTER FOR LIFE INC
Human Services (P28) 990 on File

REDEEMER CENTER FOR LIFE INC

EIN: 41-1912560 · MINNEAPOLIS, MN 55405-1244 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 55/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$185K
Total Revenue
$341K
Total Expenses
$959K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.6%
Fundraising Efficiency N/A
Operating Reserve 33.70x
Liability-to-Asset 29.7%
Revenue Diversification 83.2%
Executive Compensation $11K
Compared with Peers
FY 2024
Compared with 15,047 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.6% 86.3%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
11.5% 10.4%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
33.7 mo 8.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
29.7% 1.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
83.2% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
-45.2% 7.0%
P10P90
Expense growth
Year over year expense growth
-42.4% 8.3%
P10P90
Surplus margin
Surplus as a share of revenue
-84.6% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $185K $341K $959K 88.6% 2
2023 $337K $593K $1.1M 66.4% 2
2022 $487K $776K $1.4M 70.2% 17
2021 $1.1M $1.0M N/A 40
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Organization Details
EIN
41-1912560
State
MN
City
MINNEAPOLIS
ZIP
55405-1244
Classification
P28
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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