Reboot Inc

Analysis

Reboot Inc is a registered charity in United States, based in Longmeadow, MA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Reboot Inc reported income of $3.6m and spending of $3.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.6m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reboot Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include International Christian Association Inc ($3.6m), Finishing Fund Management Inc ($3.6m) and Chinese Christian Mission ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $449k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $390k, net assets of $1.4m. It reported 13 employees.