Reaching Our City Incorporated

Analysis

Reaching Our City Incorporated is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in January 2000, 26 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, Reaching Our City Incorporated reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reaching Our City Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Wayne County Protective Agency Inc ($1.1m), Hill Country Family Services Inc ($1.1m) and Housing Independence Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $68k (5.5% of expenses). Other salaries and wages came to $312k. At year end it held assets of $1.1m against liabilities of $32k, net assets of $1.1m. It reported 19 employees.