Replications Inc

Analysis

Replications Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Replications Inc reported income of $8.3m and spending of $7.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $8.3m (+623%), an average of +64% a year. The sharpest change came in the year to June 2023, when income rose by 373%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Replications Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include 199 Hunting Park ($8.3m), Bradford-Tioga Head Start Inc ($8.3m) and Peak Charter Academy ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $191k (2.7% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $6.9m against liabilities of $3.5m, net assets of $3.4m. It reported 106 employees.