Ret Americas Inc

Analysis

Ret Americas Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Ret Americas Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $2.8m to $1.6m (-43%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ret Americas Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Mylifespeaks ($1.6m), Wonfel Aid Inc ($1.6m) and Nicaragua Resource Network Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $63k. At year end it held assets of $109k against liabilities of $145k, net assets of -$36k.