Reset 180

Analysis

Reset 180 is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 September 2023, Reset 180 reported income of $233k and spending of $482k, spending 207% of what it took in. Across the 4 years on record, from December 2019 to September 2023, income fell from $731k to $233k (-68%), an average of -32% a year. The sharpest change came in the year to September 2023, when income dropped by 51%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Reset 180 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Sav-A-Life Lanett-Valley Inc 209 N Lanier Ave ($233k), Rappahannock Casa Inc ($233k) and Collegiate Cultural Foundation ($233k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $39k (8.2% of expenses). Other salaries and wages came to $198k. At year end it held assets of $659k against liabilities of $28k, net assets of $631k.