Reaching Our Sisters Everywhere Inc
Analysis
Reaching Our Sisters Everywhere Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in August 2012, 14 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, Reaching Our Sisters Everywhere Inc reported income of $1.4m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $667k to $1.4m (+111%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 90% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reaching Our Sisters Everywhere Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Magbit Foundation ($1.4m), Southwest Chapter of the Alabama Coalition of Citizens with ($1.4m) and Onstage Ogden ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $131k (11% of expenses). Other salaries and wages came to $246k. At year end it held assets of $684k against liabilities of $5,802, net assets of $678k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.2%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Magbit Foundation | Beverly Hills | $1.4m |
| Southwest Chapter of the Alabama Coalition of Citizens with | Mobile | $1.4m |
| Onstage Ogden | Ogden | $1.4m |
| Mt Carmel Educational Foundation Inc | Chicago | $1.4m |