Reaching Our Communities Kids Inc

Analysis

Reaching Our Communities Kids Inc is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reaching Our Communities Kids Inc reported income of $207k and spending of $201k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $52k to $207k (+297%), an average of +99% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Reaching Our Communities Kids Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Valley County Economic Development Council Inc ($207k), Raton Main Street Inc ($207k) and Kiwanis Foundation of the District of Columbia ($207k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $125k (63% of expenses). At year end it held assets of $23k against liabilities of $544, net assets of $22k. It reported 10 employees.