Reel2e

Analysis

Reel2e is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in June 2022, 4 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 2024, Reel2e reported income of $138k and spending of $73k, leaving 47% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $86k to $138k (+60%), an average of +60% a year. The sharpest change came in the year to June 2024, when income rose by 60%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reel2e sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Kerby School Parent Teacher Organization ($138k), Korean American Cpa Society of Southern California ($138k) and Limitless Ambition Inc ($138k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. At year end it held assets of $139k against liabilities of $4,602, net assets of $134k.