Aguaclara Reach Inc

Analysis

Aguaclara Reach Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Aguaclara Reach Inc reported income of $69k and spending of $110k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $69k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 141% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Aguaclara Reach Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Institute of Learning and Mentorship Corp ($69k), Serving Asia ($69k) and Redeeming Africa ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $1,102, net assets of $49k.