Reimagine Mack Road Foundation

Analysis

Reimagine Mack Road Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Reimagine Mack Road Foundation reported income of $269k and spending of $445k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $269k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reimagine Mack Road Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Creekside Housing Corporation ($269k), Helping Hands for Freedom ($269k) and Reid Community Development Corporation ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Other salaries and wages came to $129k. At year end it held assets of $305k against liabilities of $505, net assets of $305k. It reported 8 employees.