Rethink Priorities

Analysis

Rethink Priorities is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2020, 6 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, Rethink Priorities reported income of $20.9m and spending of $14.3m, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.2m to $20.9m (+865%), an average of +113% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rethink Priorities sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Asbury Health Center ($20.9m), Catholic Social Services ($20.9m) and Atlanta Union Mission Corporation HCSR ($20.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $510k (3.6% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $16.3m against liabilities of $1.4m, net assets of $14.8m. It reported 43 employees.