Remarkable Inc

Analysis

Remarkable Inc is a registered charity in United States, based in Neenah, WI. It received its IRS tax-exemption ruling in September 1963, 63 years ago. 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, Remarkable Inc reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $4.2m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Remarkable Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Hunterdon Hospice Inc ($4.2m), Swap Stop Wasting Abandoned Property ($4.2m) and Centralia College Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $142k (3.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.4m against liabilities of $537k, net assets of $4.9m. It reported 222 employees.