Reed Foundation for Autism Inc

Analysis

Reed Foundation for Autism Inc is a registered charity in United States, based in Oakland, NJ. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Reed Foundation for Autism Inc reported income of $1.2m and spending of $1.4m, spending 118% of what it took in. Across the 5 years on record, from June 2018 to June 2023, income grew from $556k to $1.2m (+120%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reed Foundation for Autism Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Squareone Compassion Inc ($1.2m), Georgetown County Alcohol and Drug Abuse Commission ($1.2m) and Amanda Hope Rainbow Angels ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $646k. At year end it held assets of $1.2m against liabilities of $386k, net assets of $806k. It reported 3 employees.