Reeb Avenue Center

Analysis

Reeb Avenue Center is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Reeb Avenue Center reported income of $1.4m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reeb Avenue Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Walton Retirement Home ($1.4m), Elizabeth Gregory Home ($1.4m) and Alpha House Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $86k (7.5% of expenses). Other salaries and wages came to $352k. At year end it held assets of $7.1m against liabilities of $872k, net assets of $6.2m. It reported 18 employees.