Reloop Americas Research Institute
Analysis
Reloop Americas Research Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover science and technology, 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, Reloop Americas Research Institute reported income of $798k and spending of $517k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $408k to $798k (+95%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 74% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reloop Americas Research Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include North Carolina Council on Economic Education ($798k), Canopy Canopy Canopy Inc ($798k) and Womans Club of Fort Worth Inc ($798k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $190k (37% of expenses). At year end it held assets of $642k against liabilities of $29k, net assets of $613k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Carolina Council on Economic Education | Raleigh | $798k |
| Canopy Canopy Canopy Inc | New York | $798k |
| Womans Club of Fort Worth Inc | Fort Worth | $798k |
| Theatre Art Galleries | High Point | $798k |