Reaching International

Analysis

Reaching International is a registered charity in United States, based in Fate, TX. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Reaching International reported income of $253k and spending of $149k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $369k to $253k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 130% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reaching International sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Ajdut Israel Inc ($252k), Movement Maker Ministries ($253k) and Guru Nanak Parkash Sikh Temple Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $98k (66% of expenses). At year end it held assets of $1.6m against liabilities of $4,305, net assets of $1.6m. It reported 3 employees.