Far Reaching Ministries Aviation

Analysis

Far Reaching Ministries Aviation is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in April 2006, 20 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 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, Far Reaching Ministries Aviation reported income of $2.4m and spending of $341k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $2.4m (+453%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 619%. Over the whole period it spent 44% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Far Reaching Ministries Aviation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Makassed Foundation of America ($2.4m), Shepherd & Mother of Light for the Needy ($2.4m) and Moonlight Humanity Foundation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $99k (29% of expenses). At year end it held assets of $5.0m against liabilities of $4,937, net assets of $5.0m. It reported 1 employees.