Reaching Unreached Nations Inc

Analysis

Reaching Unreached Nations Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in August 1991, 35 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, Reaching Unreached Nations Inc reported income of $13.4m and spending of $14.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $13.4m (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reaching Unreached Nations Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Momentum Unlimited Inc ($13.4m), Community Bible Study ($13.7m) and Warrior Notes ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $210k (1.4% of expenses). Other salaries and wages came to $603k. It paid $96k in professional fundraising fees. At year end it held assets of $6.5m against liabilities of $186k, net assets of $6.3m. It reported 10 employees.