Reidsville Outreach Center

Analysis

Reidsville Outreach Center is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in December 1999, 27 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 June 2024, Reidsville Outreach Center reported income of $55k and spending of $57k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $46k to $55k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reidsville Outreach Center sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Cottonwood Cattle Producers Inc ($55k), Cherry Gardens Inc ($55k) and Working for a Purpose Foundation ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $83k against liabilities of $1,062, net assets of $82k.