Reverb Network Inc

Analysis

Reverb Network Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 2015, 11 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, Reverb Network Inc reported income of $108k and spending of $126k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $108k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reverb Network Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include Church Without Walls ($108k), Acts of Grace ($108k) and Serve Ministries International ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.