Friends of Reach Outs Hiv-Aids Africa Initiative Inc

Analysis

Friends of Reach Outs Hiv-Aids Africa Initiative Inc is a registered charity in United States, based in East Aurora, NY. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, Friends of Reach Outs Hiv-Aids Africa Initiative Inc reported income of $266k and spending of $263k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $402k to $266k (-34%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Reach Outs Hiv-Aids Africa Initiative Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Community Directions Inc ($266k), Houston Marathon Foundation Inc ($266k) and Myelin Repair Foundation Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.