Reid Hall Inc

Analysis

Reid Hall Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1946, 80 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Reid Hall Inc reported income of $4.7m and spending of $2.3m, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $4.7m (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2020, when income dropped by 60%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Reid Hall Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Lifenet International ($4.7m), Together for Girls Inc ($4.7m) and Kolel Chibas Jerusalem ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $369k (16% of expenses). Other salaries and wages came to $237k. At year end it held assets of $22.6m against liabilities of $111k, net assets of $22.5m.