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Re-Imagining Migration Inc

RegisteredEIN 85-0699588Boston, MAEducation and training
Income$232k2023-06
Spending$767ksame year
Spent / received84%4-year average
Size in its cause57th pctEducation and training
Exempt since2021Publicly supported organisat
Employees6latest return

Analysis

Re-Imagining Migration Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2021, 5 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 June 2023, Re-Imagining Migration Inc reported income of $232k and spending of $767k, spending 330% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $490k to $232k (-53%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 79%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Re-Imagining Migration Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include First Place 4 Health ($232k), Wilson Education Foundation ($232k) and The Utah Land Use Institute ($232k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $186k (24% of expenses). Other salaries and wages came to $249k. At year end it held assets of $451k against liabilities of $46k, net assets of $405k. It reported 6 employees.

Income and spending

$0$271k$543k$814k$1.1m2020 Income: $490,1092020 Spending: $6,54820202021 Income: $719,6082021 Spending: $467,63820212022 Income: $1,085,7562022 Spending: $881,92520222023 Income: $232,2362023 Spending: $766,9852023
IncomeSpending

Where the income comes from

  • Contributions & grants 72%
  • Program services 28%

Similar-sized charities, same cause

CharityLocationIncome
First Place 4 HealthGalveston$232k
Wilson Education FoundationWest Lawn$232k
The Utah Land Use InstitutePlain City$232k
Friends of the Chilmark Pre-School IncChilmark$232k