Reacting Consortium Inc
Analysis
Reacting Consortium Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2019, 7 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, Reacting Consortium Inc reported income of $248k and spending of $258k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $248k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reacting Consortium Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Girls Rock Charlotte ($248k), Wichita County Heritage Society Inc ($248k) and Buffalo Chamber Music Society Inc ($248k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 50%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Girls Rock Charlotte | Charlotte | $248k |
| Wichita County Heritage Society Inc | Wichita Falls | $248k |
| Buffalo Chamber Music Society Inc | Buffalo | $248k |
| Rohingya Youth Association of Portland | Portland | $248k |