Reut Miami Inc

Analysis

Reut Miami Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in July 2020, 6 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, Reut Miami Inc reported income of $77k and spending of $79k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $77k (+10%), an average of +10% a year. 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, Reut Miami Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Volcano Theatre Company ($77k), Cocheco Quilters Guild ($77k) and Community Jams Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 55% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.