Reach Ministries

Analysis

Reach Ministries is a registered charity in United States, based in Harleysville, PA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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, Reach Ministries reported income of $64k and spending of $113k, spending 177% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $210k to $64k (-70%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach Ministries sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include South Dakota Congress of Parents and Teachers ($64k), Wat Dhamma Bhavana Buddhist Center ($64k) and Hope for Hearts Farm Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.