Republic of Letters

Analysis

Republic of Letters is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in April 2021, 5 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, Republic of Letters reported income of $111k and spending of $85k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $111k (-6.4%), an average of -6.4% a year. 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, Republic of Letters sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Anne Frank Los Angeles ($111k), Center for Public Policy Studies ($111k) and Community Theatre of Clay County Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 3.2% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.