Reach Africa Now Inc

Analysis

Reach Africa Now Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 2012, 14 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 2021, Reach Africa Now Inc reported income of $162k and spending of $183k, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $140k to $162k (+16%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 134% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reach Africa Now Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Shelby Christian Outreach Inc ($162k), Casa Ministries ($162k) and Orthodox Christian Ministries Inc ($162k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.