Reaching the World Community Development Inc

Analysis

Reaching the World Community Development Inc is a registered charity in United States, based in Clinton, MD. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Reaching the World Community Development Inc reported income of $78k and spending of $78k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $906k to $78k (-91%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. 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, Reaching the World Community Development Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Harbor Country Emergency Food Pantry Inc ($78k), Kellan Ford Foundation Inc ($78k) and Seeding Galveston ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $1,500 against liabilities of $0, net assets of $1,500.