Reiki Alliance

Analysis

Reiki Alliance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reiki Alliance reported income of $115k and spending of $112k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $217k to $115k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Reiki Alliance sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Hot Spring County Livestock Exhibition and Fair Association ($115k), Isles Community Enterprises Corp ($115k) and Downtown Milford Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 5.4% of the total. At year end it held assets of $299k against liabilities of $54k, net assets of $244k.