Reunite Cultures Fund

Analysis

Reunite Cultures Fund is a registered charity in United States, based in Angier, NC. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Reunite Cultures Fund reported income of $129k and spending of $43k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $129k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reunite Cultures Fund sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include The Arlington Chorale ($129k), Music Camps North Inc ($129k) and Wayland Historical Society Inc ($129k).

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 $88k against liabilities of $0, net assets of $88k.