Reaching East African Lives for Christ Ministries

Analysis

Reaching East African Lives for Christ Ministries is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 East African Lives for Christ Ministries reported income of $342k and spending of $326k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $590k to $342k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reaching East African Lives for Christ Ministries sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Virginia Elks Fund Inc ($342k), Naomi Wood Testamentary Trust ($342k) and Bauer Charitable Trust ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (13% of expenses). At year end it held assets of $403k against liabilities of $0, net assets of $403k.