Reuse Market Inc
Reuse Market Inc. reports strong financial surplus and zero liabilities in its latest filing.
EIN: 204210376 · Boise, ID · NTEE: C27 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $16K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $61,463 |
| Net Assets | $102K |
| Transparency Score | 95/100 |
Is Reuse Market Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reuse Market Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reuse Market Inc
Reuse Market Inc (EIN: 204210376) is a nonprofit organization based in Boise, ID, classified under NTEE code C27. The organization reported total revenue of $83K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reuse Market Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reuse Market Inc is a micro nonprofit that has been operating for 17 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $16K |
| Surplus / Deficit | +$46K |
| Total Assets | $102K |
| Net Assets | $102K |
| Operating Margin | 74.2% |
| Months of Reserves | 77.1 months |
Financial Health Grade: A
In 2023, Reuse Market Inc reported a surplus of $46K with revenue exceeding expenses, holds 77.1 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reuse Market Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Reuse Market Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 2023 filing, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly efficient for an organization of its size with $61,463 in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Reuse Market Inc:
- Strong financial surplus: Revenue of $61,463 significantly exceeded expenses of $15,868 in 2023.
- Zero liabilities: The organization reported $0 in liabilities, indicating a very healthy balance sheet.
- No officer compensation: 0% officer compensation suggests high efficiency and dedication to mission.
- High program spending efficiency: With low overall expenses and no officer compensation, a significant portion of funds likely goes directly to programs.
- Asset growth: Assets increased from an implied lower amount to $101,892, indicating responsible financial management and reinvestment.
Frequently Asked Questions about Reuse Market Inc
Is Reuse Market Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reuse Market Inc (EIN: 204210376) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Reuse Market Inc spend its money?
Reuse Market Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reuse Market Inc tax-deductible?
Reuse Market Inc is registered as a tax-exempt nonprofit (EIN: 204210376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Reuse Market Inc CEO make?
Reuse Market Inc's highest-compensated officer earns $61,463 annually. The organization reported $83K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Reuse Market Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Reuse Market Inc is above average for NTEE category C27 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reuse Market Inc located?
Reuse Market Inc is headquartered in Boise, Idaho and files with the IRS under EIN 204210376. It is classified under NTEE code C27.
Is Reuse Market Inc. a good charity?
Based on its 2023 IRS 990 filing, Reuse Market Inc. appears to be a very good charity. It has a strong financial position with revenues significantly exceeding expenses ($61,463 vs $15,868), zero liabilities, and no officer compensation, suggesting high efficiency and a strong focus on its mission.
How does Reuse Market Inc. manage its expenses?
Reuse Market Inc. manages its expenses very efficiently. In 2023, total expenses were only $15,868 against $61,463 in revenue. The absence of officer compensation further indicates a lean operational structure, likely maximizing funds for program delivery.
What is Reuse Market Inc.'s financial stability?
Reuse Market Inc. demonstrates excellent financial stability. With assets of $101,892 and zero liabilities in 2023, the organization has a very healthy balance sheet and a strong capacity to sustain its operations.
Filing History
IRS 990 filing history for Reuse Market Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Reuse Market Inc reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $16K | $102K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reuse Market Inc:
Data Sources and Methodology
This transparency report for Reuse Market Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.