Reason Alliance Ltd

Analysis

Reason Alliance Ltd is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in September 2017, 9 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, Reason Alliance Ltd reported income of $89k and spending of $104k, spending 117% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $360k to $89k (-75%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reason Alliance Ltd sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Tred Dance Ministries Inc ($89k), Crossgrain Ministries ($89k) and Legacy of Leadership International ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.