Reeves Community Center Foundationinc

Analysis

Reeves Community Center Foundationinc is a registered charity in United States, based in Mount Airy, NC. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Reeves Community Center Foundationinc reported income of $239k and spending of $260k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $269k to $239k (-11%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reeves Community Center Foundationinc 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 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Springwood Estates Inc ($239k), The Gillespie Center ($239k) and Fourth Ward Christian Development Ministry Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.