Reino Capital

Analysis

Reino Capital is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in March 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, Reino Capital reported income of $1.8m and spending of $474k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $1.8m (+380%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reino Capital sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Delaware Regional Dream Center Inc ($1.8m), Sowers International ($1.8m) and Old Savannah City Mission Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $106k (22% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 2 employees.