Rei Cooperative Action Fund

Analysis

Rei Cooperative Action Fund is a registered charity in United States, based in Sumner, WA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rei Cooperative Action Fund reported income of $9.4m and spending of $7.2m, leaving 23% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.8m to $9.4m (+429%), an average of +130% a year. The sharpest change came in the year to June 2022, when income rose by 270%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rei Cooperative Action Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Childrens Healthcare Charity Inc ($9.4m), Park City Community Foundation ($9.4m) and Justice Outside ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. It paid $2,462 in professional fundraising fees. At year end it held assets of $8.2m against liabilities of $1.5m, net assets of $6.8m.