Reconciled World Inc

Analysis

Reconciled World Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in March 2014, 12 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 September 2023, Reconciled World Inc reported income of $2.1m and spending of $1.2m, leaving 42% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.1m (+93%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 95%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reconciled World Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Wiseman Ministries Inc ($2.1m), Society of St Vincent de Paul Tucson Diocesan Council ($2.1m) and RBN Foundation ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (2.5% of expenses). Other salaries and wages came to $168k. At year end it held assets of $1.5m against liabilities of $33k, net assets of $1.5m. It reported 12 employees.