Sistahs Reachin Out Sro

Analysis

Sistahs Reachin Out Sro is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2000, 26 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, Sistahs Reachin Out Sro reported income of $740k and spending of $127k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,635 to $740k (+8465%), an average of +8465% a year. The sharpest change came in the year to December 2023, when income rose by 8465%. Over the whole period it spent 19% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sistahs Reachin Out Sro sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Lanfest ($739k), Fauquier Fish ($740k) and Hope USA ($738k).

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 $61k (48% of expenses). At year end it held assets of $621k against liabilities of $0, net assets of $621k. It reported 1 employees.