Reimagine Inc

Analysis

Reimagine Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Reimagine Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.5m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reimagine Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Homeshare Vermont Inc ($1.5m), South Peninsula Haven House Inc ($1.5m) and Memory Matters ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $188k (12% of expenses). Other salaries and wages came to $571k. At year end it held assets of $850k against liabilities of $53k, net assets of $797k. It reported 8 employees.