Reschool

Analysis

Reschool is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Reschool reported income of $947k and spending of $890k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $522k to $947k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 158%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reschool sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Coppell High School Band Booster Club ($947k), Inspire Preparatory Academy Inc ($947k) and Crew Boosters of Winter Park Inc ($947k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $238k (27% of expenses). Other salaries and wages came to $403k. At year end it held assets of $619k against liabilities of $5,457, net assets of $613k. It reported 7 employees.