Reuseum Educational Inc

Analysis

Reuseum Educational Inc is a registered charity in United States, based in Garden City, ID. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Reuseum Educational Inc reported income of $444k and spending of $677k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $444k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reuseum Educational Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within ID. Charities of a similar size with the same main cause include Sutter County Parent Network ($444k), The Heritage Management Organizaton Inc ($445k) and Alabama Archives and History Foundation ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $111k (16% of expenses). Other salaries and wages came to $227k. At year end it held assets of $287k against liabilities of $522k, net assets of -$235k. It reported 6 employees.