Reinstitute Inc

Analysis

Reinstitute Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, 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, Reinstitute Inc reported income of $2.7m and spending of $2.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.7m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reinstitute Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Concerned African Women Inc ($2.7m), Native American Finance Officers Association Inc ($2.7m) and Ocean Professional Theatre Company Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $156k (5.9% of expenses). Other salaries and wages came to $697k. At year end it held assets of $624k against liabilities of $500k, net assets of $124k. It reported 11 employees.