Sisterreach

Analysis

Sisterreach is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sisterreach reported income of $2.2m and spending of $1.8m, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $659k to $2.2m (+241%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sisterreach sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Limitless Space Institute Inc ($2.2m), Blue Valley Educational Foundation ($2.2m) and Southwestern Educational Society Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $260k (14% of expenses). Other salaries and wages came to $405k. At year end it held assets of $730k against liabilities of $0, net assets of $730k. It reported 12 employees.