Reach Ministries of Corpus Christi
Analysis
Reach Ministries of Corpus Christi is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 of Corpus Christi reported income of $225k and spending of $197k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $225k (+1.9%), an average of +1.0% a year. Over the whole period it spent 98% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Reach Ministries of Corpus Christi 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 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Agape Indians Ministries Intl Inc ($225k), Give Me an Answer Inc ($225k) and For Freedom Outreach Inc ($225k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $71k (36% of expenses). At year end it held assets of $38k against liabilities of $0, net assets of $38k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Agape Indians Ministries Intl Inc | Little Elm | $225k |
| Give Me an Answer Inc | New Canaan | $225k |
| For Freedom Outreach Inc | Glendora | $225k |
| Ignite Myanmar | Arvada | $225k |