Reconciliation Associates Inc

Analysis

Reconciliation Associates Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Reconciliation Associates Inc reported income of $318k and spending of $489k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $531k to $318k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reconciliation Associates Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Khat Vong Song ($318k), Welcome to a New Life ($318k) and Life After Meth Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $215k. At year end it held assets of $850k against liabilities of $0, net assets of $850k. It reported 4 employees.