Reclaim Inc

Analysis

Reclaim Inc is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in January 2016, 10 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, Reclaim Inc reported income of $272k and spending of $98k, leaving 64% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $346k to $272k (-21%), an average of -21% a year. The sharpest change came in the year to September 2023, when income dropped by 21%. Over the whole period it spent 24% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Reclaim Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include My Way Out Inc ($272k), Association of Legal Writing Directors ($272k) and Fort Wayne Pride Inc ($272k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $605k against liabilities of $88, net assets of $605k.