Christians Reaching Out to Society Inc

Analysis

Christians Reaching Out to Society Inc is a registered charity in United States, based in LK Worth BCH, FL. It received its IRS tax-exemption ruling in May 1978, 48 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, Christians Reaching Out to Society Inc reported income of $4.4m and spending of $5.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christians Reaching Out to Society Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Hopeful Horizons ($4.4m), Jack & Lee Rosen Jewish Community Center Inc ($4.4m) and Peace Haven ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $127k (2.5% of expenses). Other salaries and wages came to $867k. At year end it held assets of $3.9m against liabilities of $1.2m, net assets of $2.8m. It reported 30 employees.